Stocks plummeted on 26 July, with the Dow industrials tumbling more than 300 points, on signs of further weakness in the housing market and deteriorating conditions for corporate buyouts. The Dow Jones industrial average dropped 311.50 points, or 2.26%, to close at 13,473.57. The Standard & Poor’s 500 Index was down 35.43 points, or 2.33 %, at 1,482.66. The Nasdaq Composite Index was down 48.83 points, or 1.84 percent, at 2,599.34.
Asian markets also ended in red, with the benchmark Nikkei 225 tumbling more than 400 points to its lowest level in two months.
Hong Kong's Hang Seng plunged 2.23% or 517.73 points at 22,693.96.
Japan's Nikkei tumbled 2.32% or 410.82 points at 17,291.23.
Taiwan's Taiwan Weighted slipped 2.09% 199.68 points at 9,366.74.
Singapore's Straits Times declined 2.74% or 97.98 points at 3,481.75.
South Korea's Seoul Composite was down 2.60% or 51.13 points at 1,912.41.
Asian markets also ended in red, with the benchmark Nikkei 225 tumbling more than 400 points to its lowest level in two months.
Hong Kong's Hang Seng plunged 2.23% or 517.73 points at 22,693.96.
Japan's Nikkei tumbled 2.32% or 410.82 points at 17,291.23.
Taiwan's Taiwan Weighted slipped 2.09% 199.68 points at 9,366.74.
Singapore's Straits Times declined 2.74% or 97.98 points at 3,481.75.
South Korea's Seoul Composite was down 2.60% or 51.13 points at 1,912.41.
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