EXCHANGE FLASH – Dow Jones speeds down, loses 6.3 percent | 11.06.20

The descent on
Wall Street has late trading on Thursday
accelerates. The US leading index, Dow Jones Industrial, has recently slumped
by 6.28 percent to 25,295.09 points, falling to the
Level back from early June. With this, the stock market barometer opens up
Closing price based on the largest percentage daily loss since March
to.

A dark economic outlook from the US Federal Reserve (Fed)
and the fear of a second corona wave drove investors on
the escape. Fed Chairman Jerome Powell already had
midweek in view of the severe economic crisis resulting from the
Corona pandemic found clear words and said that a
significant part of the job losses could be permanent. How much that
Economic concerns the markets currently have under control, also showed
massive drop in oil prices of around 9 percent recently. Coming with crude oil
problems on the supply side are also added to concerns about demand.

(Final) sto

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