U.S. stocks fell sharply, with the Dow industrials suffering their worst day since 2020, as the latest set of disappointing earnings from large retailers raised investors’ fears of a recession.
The Dow Jones Industrial Average as of 4 p.m. ET was down about 1,164 points, or 3.6%, to 31490, its worst percentage decline since June 11, 2020 and its lowest closing level since March 2021.
Read More News: Dow Slides More Than 1,100 Points in Worst Day Since 2020
