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Dow Jones falls sharply /Oil,Gold stabilized – Post Today Financial News – Stocks

Dow Jones falls sharply /oil, gold stable

Date 21 Jan 2022 time 07:18

The Dow fell 313.26 points, with oil down 6 cents, while gold was down 60 cents.

The Dow Jones Industrial Average closed at 34,715.39, down 313.26, or -0.89%, the S&P 500 closed at 4,482.73, down 50.03, or -1.10%, and the Nasdaq closed at 14,154.02, down 186.23, or -1.30%

The Dow Jones Industrial Average closed on Jan. 20, tumbling over concerns about the Federal Reserve’s interest rate hikes in March to curb inflation.

West Texas Crude Oil Contract Intermedia or light sweets For February delivery was down 6 cents to close at $86.90 a barrel. Brent North Sea London For March delivery was down 6 cents to close at $88.38 a barrel.

The price of Comex gold for February delivery was down 60 cents to $1,842.60 an ounce.

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