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By June 16, 2022, the S&P had fallen 23.55% from 4,796 to 3,666, though it was unknown if the index would plunge below the level. The DJIA fell 18.78% since its January 4 high, while the Nasdaq Composite fell 33.70% from its November 19 high. [10] [11] On September 13, 2022, the S&P 500 experienced its largest single-day drop since June 2020. [12]
Indexes were mixed Thursday as investors struggled to regain footing after Wednesday's big sell-off. The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years.
Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a worse-than-expected revenue outlook. Tesla shares dropped 1.5% and climbing to record highs in the previous session.
Increased pressure from the Democratic party for President Joe Biden to pull out of the presidential race has led to an inevitable conclusion: Biden has withdrawn from the race today.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
For seven months in 2022, Biden’s score on earnings was the lowest of the eight presidents. But inflation has dropped from a peak of 10% in 2022 to just 2.4% now, which is close to normal.
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street traders sought to reduce their exposure to firms that have made big bets on ...