Stocks crater as Dow hits new 2022 low, oil hits $78 level

  • Stocks crater as Dow hits new 2022 low, oil hits $78 level

    U.S. stocks experienced another sharp selloff across the board with the Dow Jones Industrial Average touching an intraday bear market before ending slightly above that level with a 486 point loss as recession fears grow. In commodities, oil fell over 7% for the week ending at $78.74 per barrel.

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