Sharp fall in US manufacturing index hurts investors' sentiments


Devdiscourse News Desk | Updated: 03-01-2019 21:33 IST | Created: 03-01-2019 21:10 IST
Sharp fall in US manufacturing index hurts investors' sentiments
Dow Jones Industrial Average fell more than 600 points on Thursday.
  • Country:
  • United States

The Dow Jones Industrial Average fell more than 600 points on Thursday as the biggest drop in more than a decade in the ISM U.S. manufacturing index added to nerves over slowing global growth sparked by a revenue warning from Apple.

At 10:38 a.m. EDT the Dow Jones Industrial Average was down 631.40 points, or 2.70 per cent, at 22,714.84, the S&P 500 was down 57.58 points, or 2.29 per cent, at 2,452.45 and the Nasdaq Composite was down 178.66 points, or 2.68 per cent, at 6,487.28.

(With inputs from agencies.)

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