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STOCK MARKET NEWS; live updates: Dow breaks below 30K level, Costco results in focus, oil slips to $79

Confirmed a bear market

forextime.com, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons

Covered by: FOX Business Team and Reuters

U.S. stocks see heavy selling with all three of the major averages down over 2% with the Dow’s point drop hitting 700 before bouncing off the lows which confirmed a bear market.

All 30 members traded in the red with Boeing and Chevron the worst performers. Oil fell nearly 6% trading below $80 per barrel infecting energy stocks.

Click the link below to read the rest of this story

https://www.foxbusiness.com/live-news/stock-market-news-today-september-23-2022

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