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The Dow onesons fall by more than 700 points amid recession signals



Industrial average Dow Jones dropped this Wednesday at more than 2%. At 1:00 pm (New York), the stock index is just above 25,500 points after losing more than 700 points.

For its part, the S&P 500 and NASDAQ they also sank 2.78% and 2.96%respectively.

According to the AP, the decline was due to several factors, such as the fact that the German economy contracted in the second quarter or signals a possible recession in the US bond market.

Earlier this Monday, the Dow onesons lost 391 points amid the gloomy Wall Street atmosphere over the US trade war. and China, resentful of recent anti-government protests in Hong Kong.

This stock market dynamics may indicate the beginning of a recession, warns the Wall Street Journal.

"Whether we're going into a recession or not, not a good sign. Today they will see investors take their enthusiasm more seriously, "the paper quoted Michael Yar, president of investment firm Yar, Miller and Washington.


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