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It's also reminiscent of the June 20, 2024, pop to $140, which was met by a 27% sell-off that caused Nvidia to cede the world's largest stock title to Microsoft.
Jobless claims from last week fell by more than expected to 216,000, a 12,000 drop from the week prior. Economists had expected claims to come in at 230,000. Here's where US indexes stood shortly ...
Here's what else is going on today: Benard Arnault added $6 billion to his net worth in a day this week after China's stimulus sparked a rally in luxury stocks.
Largest intraday point losses that turned positive These are the largest intraday point losses that closed in positive territory at the end of the trading session. In order to be considered an intraday point loss, the intraday low must be below the previous day closing price, while the opening price is used to calculate intraday lows.
Largest intraday percentage drops An intraday percentage drop is defined as the difference between the previous trading session's closing price and the intraday low of the following trading session. The closing percentage change denotes the ultimate percentage change recorded after the corresponding trading session's close.
The September 11 attacks caused global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever. Stock market downturn of 2002: 9 Oct 2002: Downturn in stock prices during 2002 in stock exchanges across the United States, Canada, Asia, and Europe.
As of 11:15 a.m. ET, the stock was down by 8.1%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
The conglomerate is now sitting of $325 billion in cash. Stocks might "go nowhere" for the rest of the year amid Fed uncertainty and US debt concerns, Ed Yardeni said.