DOW Falls Off A Cliff — 1,000 Point Market Correction Breaks Uninterrupted Growth Streak

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By DCNF -

  by Jack Crowe The Dow Jones Industrial Average fell precipitously Monday afternoon, continuing a market correction that began Friday and interrupting consecutive months of uninterrupted growth. The Dow began to crater Monday afternoon, falling more than 1,000 points during afternoon trading after initially rebounding from a smaller morning session drop. The drop came after a dramatic 666 point drop Friday, prompted by an aggressive bond sell off. Widespread speculation that the Federal Reserve will soon raise interest rates, combined with looming fears of imminent inflation, likely sparked the selloff. The aggressive drop was received on Wall Street as a natural correction …

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