Dow skids in steep stock selloff on deeper recession fears

  • Dow skids in steep stock selloff on deeper recession fears

    Investors sold U.S. stocks as fears about rising interest rates and a deeper recession spooked investors as we wind down the final trading days of the year and month. Additionally, November retail sales fell more than expected as consumers battle inflationary costs. In commodities, oil fell 1.5% to $76.11 per barrel.

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