Dow drops over 1000 points, Nasdaq slides 6 pc in global markets rout

New Delhi [India], August 5 (ANI): The US stock market experienced a significant plunge, with Dow Jones opening more than 1000 points lower.

The downturn follows a global market sell-off, shaking investor confidence and raising concerns about an impending recession.

During the early hours of trading, the Dow Jones Industrial Average (DJIA) plummeted by 1,083.07 points, a decline of 2.79 per cent, settling at 38,654.19.

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