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On 27 February, due to mounting worries about the COVID-19 pandemic, stock markets in Asia-Pacific and Europe saw 3–5% declines, [92] [93] with the NASDAQ-100, the S&P 500, and the Dow Jones Industrial Average posting their sharpest falls since 2008 (and the Dow falling 1,191 points, its largest one-day drop since the financial crisis of 2007 ...
On Monday, March 9, 2020, after the launch of the 2020 Russia–Saudi Arabia oil price war, the FTSE and other major European stock market indices fell by nearly 8%. Asian markets fell sharply and the S&P 500 Index dropped 7.60%. [25] The Italian FTSE MIB fell 2,323.98 points, or 11.17%. [26] On March 12, 2020, a day after US President Donald ...
This crash was part of a worldwide recession caused by the COVID-19 lockdowns. [39] [40] [41] 2022 stock market decline: 3 Jan 2022: The S&P 500 index peaked at 4,796 on its 3 January close and dropped 27.55% to 3,498 by October 2022. The DJIA fell 18.78% since its 4 January high. Nasdaq Composite fell 33.70% from its 19 November high. [42] [43]
Indexes drifted between gains and losses through the day in large part due to drops for several Big Tech stocks. Nvidia fell 1.1% and was the second-heaviest weight on the S&P 500.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
Megacap tech stocks led the drop, with Apple shares down more than 3% for their worst daily drop since August. Tesla similarly fell 3%, while Nvidia dropped almost 2% and Alphabet lost more than 1%.
On 27 February, due to mounting worries about the coronavirus outbreak, various U.S. stock market indices including the NASDAQ-100, the S&P 500 Index, and the Dow Jones Industrial Average posted their sharpest falls since 2008, with the Dow falling 1,191 points, its largest one-day drop since the 2007–2008 financial crisis.
The stock market experienced an unexpected boom during the Covid-19 pandemic, as changes in the economy, combined with stay-at-home orders and a savings surplus for many Americans, created a ...