August 31, 2022

Dow drops 280 points as markets end August on four-day skid

Aug. 31 (UPI) — U.S. markets fell for the fourth consecutive session Wednesday, dampening hopes of a summer rally on August’s final day of trading.

The Dow Jones Industrial Average fell 280.44 points, or 0.88%, while the S&P 500 dropped 0.78% and the Nasdaq Composite closed down 0.56%.

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