[Breaking] New York Stock Market Plummets One Day After Ando Rally... Nasdaq Down 4.99%
[Asia Economy New York=Special Correspondent Joselgina] The three major indices of the U.S. New York Stock Exchange all closed lower on the 5th (local time).
On that day, the Dow Jones Industrial Average fell 3.11% from the previous session. The S&P 500, centered on large-cap stocks, dropped 3.55%, and the tech-focused Nasdaq index closed down 4.99%.
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The previous day, the New York Stock Exchange showed a relief rally after Federal Reserve Chairman Jerome Powell ruled out a 0.75 percentage point giant step rate hike at once, but gave up all gains and plunged in just one day.
This content was produced with the assistance of AI translation services.
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