• A Look At Why Stocks Plunged On Wall Street

    8 monthes ago - By NPR

    Stocks plunged on Wednesday. The Dow Jones Industrial Average fell more than 800 points, about 3.1 percent. The Nasdaq composite was down more than 4 percent at the close.
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  • Warren Buffett Sheds Billions in Net Worth on Berkshire Hathaway's Worst Day in Seven Years

    8 monthes ago - By Fortune

    As the red-hot stock market took a dive into an ice bath Wednesday, not even Warren Buffett could escape the fallout.
    As the Dow Jones Industrial Average plunged over 800 points over concerns related to rising interest rates, U.S. companies from every industry took a dip, from banking giants such as Goldman Sachs to tech titans such as Apple .
    The world third-wealthiest person, meanwhile, shed roughly $4.5 billion on paper over the course of 24 hours, with his stake in Berkshire Hathaway now worth about $86.4 billion.
    Berkshire shares brk.a dipped 4.9% Wednesday-the stock's worst one-day...
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