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The tech-heavy Nasdaq index closed down 3.6%, while the broader S&P 500 index closed down 2.3% — both their worst performances in more than 18 months. The Dow Jones Industrial Average fell 1.25%.
The Nasdaq Composite index tumbled 2.8%, logging its worst day since December 2022. The S&P 500 lost 1.4%. The Dow rose 0.6%, closing at another record high and above 41,000 for the first time.
The S&P 500 fell 3.6 percent on the day and the Nasdaq plunged 5 percent lower before… The Dow Jones Industrial Average fell by 1,060 points Thursday, closing with a loss of 3.1 percent.
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Index funds that attempt to track the Nasdaq Composite include Fidelity Investments' FNCMX mutual fund [4] and ONEQ [5] [6] exchange-traded fund. Invesco offers the Nasdaq: QQQ exchange-traded fund, which matches the performance of the Nasdaq-100, a different index which tracks 100 of the largest non-financial companies in the Nasdaq Composite and is 90% correlated with the Nasdaq Composite.
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The Dow Jones Industrial Average suffered its worst intra-day point loss, dropping nearly 1,000 points before partially recovering. [24] August 2011 stock markets fall: 1 Aug 2011 USA: S&P 500 entered a short-lived bear market between 2 May 2011 (intraday high: 1,370.58) and 4 October 2011 (intraday low: 1,074.77), a decline of 21.58%. The ...