
Why did the US stock market fall? 3 reasons behind $1.1tn wipe out in single day
Wall Street suffered a sharp sell-off on Friday, wiping out more than $1.1 trillion in market value. The Dow Jones Industrial Average dropped 1.23%, the S&P 500 slid 1.6%, and the Nasdaq Composite sank 2.24%, Reuters reported. The market ended in red …