May 13, 2021
1 min read
The Dow continues to fall
The Dow Jones Industrial Average has investors worried as it continues to plunge.
The Dow Jones Industrial Average Index has recorded its biggest loss since January, losing over 618 points and down by 1.99%.
Stocks of companies such as Apple, Tesla, Netflix, and more were all trading in the negatives and were down by over 2%.
Following Tesla’s announcement to no longer accept Bitcoin as payment for its vehicles, the company’s stocks dropped by 9%. Coinbase also dropped by 5%.
Financial analysts have advised that investors don’t make impulse buying and selling decisions because the Dow will pick up the pace again.
