Thursday, October 11, 2018
US share markets have suffered their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.
The slides extended declines in Europe, where exchanges in Germany and France ended the day down more than 2%. The Dow fell 831.8 points, or 3.15% to 25,598.7. The S&P 500 dropped 94.6 or 3.29% to 2,785.6 - the biggest one-day fall since early February.
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