S&P500 slips into correction territory: Dow falls 400 points on its seventh day

Dow Jones plunged by more than 1,000 points Monday, signaling investor worry over ballooning inflation, rising interest rates and tensions as Russia appears poised for a full-scale invasion of Ukraine.

The index dropped more than three percent, continuing its seven-day losing streak, which  analysts blame on anticipated international conflict coupled with a higher cost of living.

The S&P500 also tested investor nerves as it fell for the fifth consecutive day and lost more than three per cent…

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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