Dow drops by nearly 700 points as retail earnings disappoint

Feb 21, 2023 · Dow drops by nearly 700 points as retail earnings disappoint By ... The Dow and S&P 500 each closed with their worst day since December 15 – the Dow fell about 696 points, …

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Dow Falls 700 Points After Strong Jobs Report—Here’s Why - Forbes

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5 days ago · The Dow Jones Industrial Average tanked 1.6%, or about 700 points, by close, while the S&P 500 fell 1.5% and the tech-heavy Nasdaq declined 1.6%. ... for the baseline 10-year …

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Dow Drops By Nearly 700 Points As Retail Earnings Disappoint

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Feb 21, 2023 · The Dow and S&P 500 each closed with their worst day since December 15 -- the Dow fell about 696 points, or 2.1%, while the S&P dropped by 2%. The Nasdaq Composite …

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Dow Falls Almost 700 Points After Blowout Jobs Report Dashes …

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4 days ago · The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy Nasdaq index was lower by 1.6%. The three indices all finished the week …

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Dow Closes Nearly 500 Points Lower As Investors Fear The US …

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Aug 1, 2024 · The Dow slid by 496 points, or 1.2%, after plunging more than 700 points earlier in the session. The S&P 500 lost 1.4% and the Nasdaq Composite fell 2.3%. US Treasury yields …

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Dow Plunges Nearly 700 Points In Response To Good Economic …

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The Dow Jones Industrial Average ended the day down 697 points, or 1.6%. The S&P 500 was down 1.5%. ... Dow plunges nearly 700 points in response to good economic news. We can …

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Dow Sinks Nearly 700 Points In Worst Drop Since October After

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May 12, 2021 · Technology companies were hit particularly hard, with the tech-heavy Nasdaq sinking 2.7% to 13,031 points, putting the index nearly 8% below its late-April peak, while the …

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FAQs about Dow drops by nearly 700 points as retail earnings disappoint Coupon?

What happened to the Dow & S&P 500?

The Dow and S&P 500 each closed with their worst day since December 15 – the Dow fell about 696 points, or 2.1%, while the S&P dropped by 2%. The Nasdaq Composite closed 2.5% lower. ...

Why did the Dow drop 700 points?

Dow plunges nearly 700 points in response to good economic news. We can explain. Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 jobs in December. The unemployment rate fell to 4.1%. ...

What happened to the Dow & S&P?

The Dow and S&P closed at their lowest intraday levels Friday since Election Day, wiping out what was once a 7% post-election rally for the Dow, while the Nasdaq hit its lowest price since Nov. 27. The bond market selloff was also stark. ...

Why have earnings reports been underwhelmed?

It’s been a , as some earnings reports have underwhelmed and fear about increased regulation of tech and lackluster AI performance have soured investors’ moods. Companies have reported US consumers have pulled back from restaurants and retailers, and this week some preliminary jobs data looked weak. ...

Why did the 10-year Treasury yield drop below 4%?

The 10-year yield dipped below 4%. “With a package of data released today suggesting the economy is cooling at a faster — and perhaps too fast — pace, the drop in the ten-year Treasury yield to below 4% reflects a looming economic growth scare,” wrote Quincy Krosby, chief global strategist at LPL Financial, in a Thursday note. ...