Dow Jones Industrial Average Today: DJIA Falls as Oil Tops $110 and Fed Cut Hopes Fade
The Dow Jones Industrial Average slid another 0.9% Friday, deepening losses after Thursday’s 469-point tumble. With oil prices climbing and the outlook for a swift Middle East resolution dimming, investors dropped U.S. equities. The blue-chip index remained in the red, while the S&P 500 also lost ground and the Nasdaq took an even bigger hit by midday.