US shares sink over 2% on global economy worries
At the closing bell, the Dow Jones
New York - AFP
US shares sank more than 2.0 percent Thursday with the Dow dropping to its lowest level for 2015 as worries spread about the strength of the world economy.
The broad-based selloff capped a day of sharp falls from Asia to Europe, as concerns mounted that China's slowdown would drag on global growth.
At the closing bell, the Dow Jones Industrial Average was down 355.97 points (2.05 percent) at 16,992.76.
The broad-based S&P 500 dropped 43.06 (2.10 percent) to 2,036.01, while the tech-rich Nasdaq gave up 141.56 (2.82 percent) at 4,877.49.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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