'Black Monday' New York Stock Exchange, Dow Jones Index Plunges Over 1000 Points Intraday

[Asia Economy New York=Special Correspondent Joselgina] On Monday the 24th (local time), the New York stock market is showing a sharp decline during the trading session.

As of 12:33 PM, the Dow Jones Industrial Average is trading at 33,256.28, down 1,009.09 points (2.94%) from the previous close.

The S&P 500 index is moving at 4,240.04, down 157.90 points (3.59%). On this day, the S&P 500 index has fallen more than 10% from its peak, entering a technical correction phase.

Earlier, the Nasdaq index, which entered a correction phase last week, was at 13,176.66, down 592.26 points (4.30%) at the same time.

The Chicago Board Options Exchange (CBOE) Volatility Index (VIX), known as Wall Street's "fear index," is recording a level in the 38s, the highest since November 2020.

This content was produced with the assistance of AI translation services.