Miner Company
Dow sinks 800 points as stagflation panic sends Wall Street into freefall
Wall Street opened Monday to a continuation of last week's carnage as the Dow Jones shed over 800 points in early trade. The indices were dragged lower by a double-shot of pain: oil surging past $100 a barrel on Monday morning and stagflation fears hardening after Friday's devastating jobs report.
Wall Street opened Monday to a continuation of last week's carnage as the Dow Jones shed over 800 points in early trade. The indices were dragged lower by a double-shot of pain: oil surging past $100 a barrel on Monday morning and stagflation fears hardening after Friday's devastating jobs report.