Sofia_FrejaDow drops because the economy isn't going into recession! If ever there were a sign that the ruling class doesn't care about workers, this headline is it. They want to cause a recession. Institutional investors make money off free money/low interest rates from the Fed. And they see higher unemployment as a way to cut wages.
Dow sinks after the US economy grew much faster than previously thought in the third quarter
The Dow sank as America's economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve's battle to cool the economy to fight inflation is having only a limited impact.