Stock market has its worst day
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The Dow is back where it was a week ago, while the Nasdaq and S&P 500 indexes fell by 2.2% and 1.1%, respectively, over the last five days. Nearing the end of March, all three market trackers are down by approximately 7% for the month.
By Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, March 26 (Reuters) - Stock indexes fell sharply on Thursday, with the Nasdaq dropping more than 2% to confirm a correction, and Brent oil jumped to more than $105 a barrel as hopes diminished for a quick resolution to the nearly one-month-old Middle East war.
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US stock market crash Dow S&P 500 Nasdaq big fall today deepened as the Nasdaq dropped over 1.4% and the Dow Jones Industrial Average lost more than 400 points in early trade. Markets are reacting fast.
Because the close price is critically important to so many traders, the close is also usually the largest single trade of the day. As the data below shows, the close usually accounts for more than 10% of the whole day's trading. In some countries, like Japan and developed countries in Europe, it is much more.
U.S. stocks ended sharply higher Monday after President Trump said he would pause for five days any strikes against Iran's energy infrastructure. The Dow, S&P 500 and Nasdaq all posted their biggest percentage gains since early February.
Gift Nifty was trading around 23,116 level, a discount of nearly 184 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, the economic data, and the headline were updated in the story.) U.S. stock futures rose on Wednesday following Tuesday’s declines.