US stocks slumped to a two-month low amid growing concern over tighter coronavirus restrictions and as a report detailed suspicious transactions at global banks. Treasuries and the dollar climbed. The S&P 500 dropped for a fourth day – its longest slide since February – with commodity and industrial companies leading losses.
The Dow Jones Industrial Average was down 2.62 per cent at 26,932.97. The S&P 500 was down 2.21 per cent at 3,246.09 and the Nasdaq Composite was down 1.58 per cent at 10,622.667. Agencies
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.