- 1. Stocks continue to struggle after two-day plunge as a shutdown looms
- 2. Japanese prosecutors dash Ghosn's bail hopes with new charge
- 3. U.S. and allies criticize China for alleged economic espionage
- 4. U.K. hunts for operator of drones that disrupted Gatwick flights
- 5. Nike shares soar after earnings beat expectations
1. Stocks continue to struggle after two-day plunge as a shutdown looms
Stocks took another plunge on Thursday, deepening their losses in what so far has been the worst December for Wall Street since the Great Depression. The Dow Jones Industrial Average fell 464 points or about 2 percent as investors resumed selling on concerns over the Federal Reserve's decision on continuing rate hikes, and fear of a looming government shutdown. The Dow is now down more than 1,700 points since last Friday. The broader S&P 500 index and the tech-heavy Nasdaq Composite dropped by 1.6 percent. The S&P 500 is now down by 10.6 percent this month. The markets have been dragged down by fears of rising interest rates, slowing global economic growth, and mounting trade tensions. U.S. futures edged down early Friday, pointing to possible further losses.
2. Japanese prosecutors dash Ghosn's bail hopes with new charge
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3. U.S. and allies criticize China for alleged economic espionage
4. U.K. hunts for operator of drones that disrupted Gatwick flights
5. Nike shares soar after earnings beat expectations
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