Confusing signals from Washington send markets plunging
New York (CNN Business) – Alarmed investors sent the Dow plunging more than 650 points in a shortened Christmas Eve trading session on Monday. Markets plunged after the Trump administration sent out confusing signals about markets and the economy.
The S&P 500 fell 2.7% and the Nasdaq was off 2.2%.
Stocks initially fell on Monday following a statement from Treasury Secretary Steven Mnuchin that he had checked on the health of the country’s largest banks.
The market recovered late
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