Why the Dow is being dragged down by a Swiss company’s bad news

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Futures on the Dow Jones Industrial Average fell 506 points, or 0.95%, after the Labor Day long weekend. This decline was significantly more pronounced than the S&P 500’s 0.4% retreat. The downward trend became apparent right after European markets opened. Investors returning from the extended holiday weekend noted a significant gap between the two major US indices. The Dow’s decline was notably driven by bad news from a Swiss company.

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Telemac
Telemachttp://cryptoinfo.ch
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