Dow Jones Plummets as McCarthy's Ouster and Stock Sell-Off Shake Market
TL;DR Summary
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, fell as Treasury yields continued to rise. The stock market sold off as job openings unexpectedly jumped, causing the Dow Jones to fall 431 points and the S&P 500 to undercut its September 27 low. The Nasdaq rally attempt is hanging on by a thread. In addition to the market correction, political chaos ensued as the House voted to oust Speaker Kevin McCarthy, raising the risk of a government shutdown in mid-November.
Topics:business#dow-jones-futures#finance#market-correction#political-chaos#stock-market#treasury-yields
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- Dow Jones Slammed 500 Points; McCarthy Ousted As House Speaker Investor's Business Daily
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