Dow Jones Sheds More Than 300 Points Amid Warnings On The New Global Economy

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In commodities, bonds, and crypto:

  • Oil prices plunged, with West Texas Intermediate down 4.48% to $79.74 a barrel. Brent crude, the international benchmark, shed 3.89% to $86.98 a barrel.
  • Gold shed 1.02% to $1,664.42 per ounce.
  • The 10-year yield ticked higher by 0.9 basis points to 3.699%.
  • Bitcoin slipped  1.56% to $19,031.25.