Comment on Dow falls more than 650 points

Dow falls more than 650 points

U.S. stocks slumped Friday, and the market suffered its worst week in two years, as fears of inflation and disappointing quarterly results from technology and energy giants — including Apple, Alphabet and Chevron — spooked investors. The Dow Jones industrial average dropped by more than 650 points. Bond yields rose and contributed to the stock market swoon after the government reported that wages grew last month at the fastest pace in eight years.

 

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