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Turbulence on Dow Jones after US releases economic figures

87 Views· 28 Jan 2022
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There has been turbulence on global financial markets after a massive sell off in Australia yesterday and the release of economic figures in the United States, according to Sky News Business Editor Ross Greenwood.

Investors weighed the combination of rising inflation and global interest rates, causing fluctuation on the Dow Jones.

America’s economic growth figures showed a 5.5 per cent increase for the year and 6.9 per cent in the December quarter, boosting stock market activity.

The Dow Jones was dragged down by underperforming companies like Tesla, Intel, and Apple, who have all seen their share price dip.

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