Wall Street Plunges: Nasdaq Records Its Steepest Decline in a Year and a Half
Published
At the close of trading on Thursday, the US stock market fell sharply. The Dow Jones Industrial Average dropped by 3.44% to 51,523.06 points.
Shares of all 30 companies included in the Dow Jones index declined. As a result, the sell-off affected major American companies across a range of industries.
The Nasdaq index, which is dominated by technology companies, posted its steepest decline in the last year and a half. Such a sharp drop is noticeable even to experienced investors.
The state of the American market is also important for Russia, since it influences global financial markets. Changes on the exchange may affect investments, currency rates, and investor sentiment. It is still unknown whether this decline will continue in the coming days.
Sources: Интерфакс
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