[Breaking] New York Stock Market Plunges Across the Board... Nasdaq Drops 3.43%
The three major indices of the U.S. New York stock market all closed sharply lower on the 5th (local time) due to fears of an economic recession.
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On that day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average fell 2.6% compared to the previous trading day. The S&P 500 index, focused on large-cap stocks, dropped 3%, and the tech-heavy Nasdaq index plummeted 3.43% to close the session.
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