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US investors rattled as indexes plunge

A screen at the New York Stock exchange shows  the stock market falling the most since June 2020

A screen at the New York Stock exchange shows the stock market falling the most since June 2020 Source: AAP / Julia Nikhinson/AP

A worse than expected inflation report in the United States has sent Wall Street into a sharp sell-off: its biggest decline in more than two years. The Dow Jones plummeted more than 1,200 points with traders in Asia and Australia then picking up the negative sentiment. The timing could hardly have been worse for US President Joe Biden


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By Sunil Awasthi, Prue Lewarne

Source: SBS News



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A worse than expected inflation report in the United States has sent Wall Street into a sharp sell-off: its biggest decline in more than two years. The Dow Jones plummeted more than 1,200 points with traders in Asia and Australia then picking up the negative sentiment. The timing could hardly have been worse for US President Joe Biden



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