Wall Street Too European Stock Markets Nosedive; Brazil's Ibovespa Crashes 2.62%

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World stock markets finished lower on Mon every bit fright together with doubtfulness continued to spread regarding Trump’s 90-day immigration ban on vii Muslim-majority countries.

Tech companionship stocks similar Google (-2.5%) together with Facebook (-0.91%) were hitting specially difficult today due to looming executive orders on the H1-B visa plan past times the Trump administration, which reportedly requires to a greater extent than detailed statistics on who uses the program.

The Dow Jones Industrial Average traded every bit depression every bit 19,870.84 on the twenty-four hours every bit the marketplace dived past times 157 points next the open. The index recovered about of the losses towards the halt of the trading session together with unopen at 19,971 - a turn down of 122.65 points (-0.61% on the day):

The S&P 500 together with Nasdaq indices posted similar declines, amongst the S&P 500 closing lower past times 13.70 points (-0.60% on the day) together with the Nasdaq Composite closing downwards 47.07 points (-0.83% on the day).

Some of the biggest losses took identify on overseas markets similar the FTSE 100, EURO STOXX l together with CAC 40, which posted declines of 0.92%, 1.23% together with 1.14%, respectively.

The biggest plunge occurred on Brazil’s IBOVESPA index, which crashed past times 2.62% to settle at 64,301.73 - a driblet of 1,732.25 points!