Dow skids to end down 2.9%; S&P 500 on cusp of bear market
U.S. stock indexes booked their worst trading session on the eve of Christmas in history in a holiday-shortened session, putting the S&P 500 on the brink of the 20% decline from a recent peak that is commonly considered a bear market.
Wall Street trading on the New York Stock Exchange closed at 1 p.m. Eastern Time, on Christmas Eve and will be closed on Tuesday for the holiday.
How are benchmarks performing?
The Dow Jones Industrial Average DJIA, -2.91% finished 653.17 points, or 2.9%, lower at 21,0792.20, marking its lowest close since Sept. 7, 2017, while the S&P 500 index SPX, -2.71% fell 65.52 points, or 2.7%, to 2,351.10, representing its lowest since April 21, 2017.
Meanwhile, the Nasdaq Composite Index COMP, -2.21% COMP, -2.21% traded down 140.08 points, or 2.2%, to end at 6,192.92, marking its lowest close since July 10, 2017.
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https://www.marketwatch.com/story/us-sto...2018-12-24
U.S. stock indexes booked their worst trading session on the eve of Christmas in history in a holiday-shortened session, putting the S&P 500 on the brink of the 20% decline from a recent peak that is commonly considered a bear market.
Wall Street trading on the New York Stock Exchange closed at 1 p.m. Eastern Time, on Christmas Eve and will be closed on Tuesday for the holiday.
How are benchmarks performing?
The Dow Jones Industrial Average DJIA, -2.91% finished 653.17 points, or 2.9%, lower at 21,0792.20, marking its lowest close since Sept. 7, 2017, while the S&P 500 index SPX, -2.71% fell 65.52 points, or 2.7%, to 2,351.10, representing its lowest since April 21, 2017.
Meanwhile, the Nasdaq Composite Index COMP, -2.21% COMP, -2.21% traded down 140.08 points, or 2.2%, to end at 6,192.92, marking its lowest close since July 10, 2017.
...
https://www.marketwatch.com/story/us-sto...2018-12-24
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