April 24, 2024

AndronETalksNews

AndronETalksNews

Dow Jones Falls Nearly 500 Points as Investors Hedge Bets Against Economic Decline

Sputnik News

By Fantine Gardinier

December 5, 2022

US stock indices closed at a considerable loss on Monday, as investors struggle to make sense of contradictory market trends in the face of increasing fears a recession is on the horizon.
 
At closing bell on Monday, the Dow Jones Industrial Average had fallen by 482.78 points, a 1.40% decline to end at 33,947.10. The S&P 500 fell by 72.86 points, a 1.79% decline to finish at 3,998.84. The Nasdaq Composite declined by 1.93%, falling 221.56 points to close at 11,239.94.