Dow Jones enters correction territory as Hormuz fears fuel selloff

Dow Jones enters correction territory as Hormuz fears fuel selloff

The Dow Jones Industrial Average (DJIA) tumbled on Friday, shedding roughly 510 points or 1.1% to fall below 45,500 and officially enter correction territory. The S&P 500 lost around 1%, bringing its decline from its record high to over 8%, while the Nasdaq Composite dropped 1.3% after entering correction territory a day earlier. Friday’s slide […]