The Dow plunges 750 points as bad economic news piles up fast

The Dow plunges 750 points as bad economic news piles up fast
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On Friday, American stocks fell on bad economic news. Consumer confidence has weakened to the lowest level since November 2023, even when the long -term inflation expectations have risen to the highest level since 1995. I contracted before More than expected.

With the end of the day, the Dow Jones Industrial Index decreased by 748 points, or 1.6 %. The S&P 500 1.7 % slipped, and the nasdaq index decreased by 2.2 %. In addition to negative feelings: UNITEDHELHE (United NationsNearly 7 % decreased on news a Investigation of the Ministry of Justice.

The prominent market engines also included Friday Alibaba, Celsius, Block, Dropbox.

UNITEDHELHELTH (United Nations) He is Under fire on Medicare's invoices. The Wall Street Journal reported Friday that the US Department of Justice has launched a civil investigation on how the company has its records that lead to additional payments for Medicare Advantage plans.

The Securities and Stock Exchange Committee (SEC) plans Disclosure of her enforcement issue against CoinbaseOn the occasion of a major shift in organizing cryptocurrency.

After advertising, coinbase (currencyThe stocks rose in the morning, but they decreased in the afternoon. second She accused Coinbase From running unregistered securities and offering unregistered securities.

Bruce Jill contributed to the article.

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