video not played or not found error
click on direct switch
Hosted by Dailymotion. For legal issues: Copyright Center · DMC · Instant Removal
Dow Drops 320 Points
Description
The drop comes even as weekly jobless-claims data came in better than expected.
Business Insider reports that weekly jobless claims fell by more than 30,000 from the previous week, to 860,000.
Tech stocks led the decline.
Investors continued to process Federal Reserve Chairman Jerome Powell's comments expressing uncertainty about the economic recovery.
Powell also said the Fed didn't expect to raise interest rates until at least 2023.
Oil prices traded flat after reports that US stockpiles fell by 9.5 million barrels last week.
West Texas Intermediate crude fell as much as 1.8%, to $39.42 per barrel.
More from User
COVID-19: Child under 10 becomes the youngest Australian to die
Wochit
Woman born with no womb gives birth to two children
Wochit
Was Meghan boring on the Ellen show on purpose?
Wochit
This is why the Queen's hands are purple in the recent photograph
Wochit
CAT REUNION
Wochit
Love Island’s Amber Gill possibly double dated by Jack Grealish
Wochit
Related Videos
Dow Drops 320 Points
Wochit Business
Dow Drops 320 Points
Wochit Entertainment
Dow Drops 320 Points
Wochit Tech
Dow Drops 406 Points
Wochit Entertainment
Dow Jones Drops 1,700 Points After January Rally
Entertainment (now)
The Dow Drops 200 Points
Entertainment (now)