Major US stock indices all move sharply lower for the second consecutive day. The S&P index in the NASDAQ index closed down6%.
The final numbers are showing:
The trading week for each of the major indices was the worst going back to the 2020 pandemic
Dow industrial average fell -7.86%.S&P index for -9.08%NASDAQ index fell 10.02%Russell 2000-9.70%For the trading year the major indices are all down sharply:
Dow industrial average -9.94%S&P index -13.73%NASDAQ index -19.28%From the all-time highs for the major indices:
Dow industrial average is 14.99% S&P index -17.77% NASDAQ index -22.85% Russell 2001 25.93%Looking at the Magnificent 7 for the year:
Nvidia -29.77%Meta -13.80%Microsoft -14.63%Alphabet -23.09% Apple, -24.77%Amazon -22.06%Tesla -40.71% This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Major US indices are closing sharply to the downside with declines near by 5.5% – 6% )
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