Dow Plunges 103 Points While Analysts Spar over Trade War’s Impact on US Stock Market
Thursday’s closing bell couldn’t come soon enough for the US stock market, which plunged across the board and prevented the Dow from crossing the 26,000 point threshold.
Dow Recovers 80 Points But Still Sees Triple-Digit Loss
The Dow (blue), S&P 500 (red), and Nasdaq (orange) pared losses before the closing bell but ended the day firmly in the red.
The Dow Jones Industrial Average plunged by 103.81 points for the day, falling 0.4 percent to 25,850.63. Losses were fairly evenly distributed throughout the stock market’s other two major indices as well, as the S&P 500 and Nasdaq dropped by 0.35 percent and 0.39 percent, respectively.
The market did pare losses in the minutes before the closing bell, enabling the Dow to recover by about 80 points from its early-afternoon low.
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