Published on 16 Jun 2022 on FX Empire via Yahoo Finance
September E-mini Dow Jones Industrial Average futures are sharply lower at the mid-session, piercing the psychological 30,000 level on Thursday as investors continued to trim long stock positions on worries the Federal Reserve’s aggressive tightening would push the economy into a recession.
At 18:04 GMT, September E-mini Dow Jones Industrial Average futures are trading 29976, down 675 or -2.20%. This is up from an intraday low of 29792. The SPDR Dow Jones Industrial Average ETF (DIA) is at $300.73, down 6.50 or -2.12%.
The Dow traded below 30,000 for the first time since January 4, 2021 after first breaking above that level for the first time in November 2020.