this post was submitted on 22 Feb 2025
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Economics

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Dow drops 700 points for worst day of 2025 so far on new fears about economic growth (www.nbcnews.com)
submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]
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Summary

The Dow Jones fell 748 points Friday, marking its worst day of 2025, as investors reacted to weak economic data and inflation concerns.

Consumer sentiment dropped sharply, existing home sales declined, and U.S. services activity contracted.

Fears over Trump tariffs and spending cuts further rattled markets.

The S&P 500 and Nasdaq also saw significant declines as investors shifted away from riskier assets.

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[–] [email protected] 11 points 1 week ago* (last edited 1 week ago)

I'm fairly certain that investors were reacting to the question that guy on Lemmy posted yesterday (for insider trading advice, see: https://fedia.io/m/[email protected]/t/1820389)