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International Business Times
International Business Times
Business
Litty Simon

EXPLAINED: Wall street ends week with correction after bad jobs report | Vintage Vibes

Wall Street faced a substantial downturn Friday as the Dow Jones Industrial Average plunged by 610 points, roughly 1.5%, amid growing recession fears following a lackluster jobs report for July.

The S&P 500 and Nasdaq Composite also recorded significant declines of 1.8% and 2.4%, respectively, reflecting widespread investor anxiety.

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