The Dow Jones Industrial Average (DJIA) tumbled 600 points on Thursday after worsening economic activity figures reminded markets of the very real risk that a downturn in the US economy could tip into a hard landing scenario.
Dow Jones tumbled after a misfire in US PMI activity figures on Thursday. Concerns of a steepening economic downturn crimped risk appetite. Markets struggling to balance hope for rate cuts with economic realities. The Dow Jones Industrial Average tumbled 600 points on Thursday after worsening economic activity figures reminded markets of the very real risk that a downturn in the US economy could tip into a hard landing scenario.
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