EditorialFootage by NurPhoto
Clip ID
EF-132810
Date
15 Dec 2022
Duration
00:37
Resolution
1920 × 1080
NEW YORK, UNITED STATES

Dow drops 700 points as recession worries increase

On Thursday, US markets closed at a loss, following reports that the country's retail sales and industrial production in November both fell short of expectations. Worries were also stirred by Federal Reserve Chair Jerome Powell's statement that the full effects of the recent monetary policy tightening have yet to be seen.

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