Dow falls more than 600 points, S&P 500 tumbles below 4,000 to the lowest level - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Dow falls more than 600 points, S&P 500 tumbles below 4,000 to the lowest level (/thread-5613.html) |
Dow falls more than 600 points, S&P 500 tumbles below 4,000 to the lowest level - superadmin - 05-10-2022 Dow falls more than 600 points, S&P 500 tumbles below 4,000 to the lowest level in a year
Stocks fell sharply Monday, pushing the S&P 500 to breach the 4,000 level for the first time in more than a year as the market sell-off continued.The Dow Jones Industrial Average dropped 653.67 points to 32,245.70, or 1.99%. The S&P 500 fell 3.2% to settle at 3,991.24, while the Nasdaq Composite lost 4.29% to 11,623.25. The S&P 500 traded as low as 3,975.48 on the day, dipping below the 4,000 mark to its lowest level since March 2021 and pulling back 17% from a 52-week high as traders struggled to bounce back from last week’s big market swings. All sectors except for consumer staples dipped into the red. - More - |