Dow Drops 406 Points

Video Credit: Wochit News
Published on September 11, 2020 - Duration: 00:39s

Dow Drops 406 Points

On Thursday, US stocks sank in turbulent trading.

Falling tech giants dragged on benchmark indexes.

Tech names had rebounded on Wednesday.

However, they resumed their downward spiral as investors shunned their still lofty valuations.

Traders also mulled weekly jobless-claims data that signaled lasting pain in the US labor market.

Jobless claims totaled 884,000 for the week that ended on Saturday, missing the economist estimate of 850,000.


You are here

πŸ’‘ One News Page Knowledge: Other News Mentions

Dow Jones Industrial Average

Stock market index
Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to a mixed finish. The Standard..
1 week ago • WorldNews
The price of Bitcoin (BTC) rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3%..
1 week ago • WorldNews
NEW YORK, Oct. 14 (Xinhua) -- Wall Street's major averages finished lower on Wednesday as investors grew concerned over the uncertain fate of a U.S. coronavirus..
1 week ago • WorldNews

Related news from verified sources

Wall Street extended its milestone-setting rally Wednesday as the Dow Jones Industrial Average climbed more than 450 points and the S&P 500 jumped to its biggest...
on September 2, 2020 •

After the long Labor Day weekend, US investors hoping for a resumption of upward momentum may have to wait a bit longer. Spread betting quotes indicate that even...
on September 8, 2020 • Proactive Investors

Tesla’s inexorable rise is set to propel the NASDAQ Composite higher again when trading starts in New York on Tuesday. In Monday’s session, the NASDAQ rose...
on September 1, 2020 • Proactive Investors

Related videos from verified sources

Markets Take a Tumble Over Trump's Positive Coronavirus Test 00:56
Video credit: Cover Video STUDIO - Published 3 weeks ago 

Dow drops more than 800 points 01:41
Video credit: Reuters Studio - Published on September 21, 2020 

Dow Drops 320 Points 00:43
Video credit: Wochit News - Published on September 17, 2020 

You might like