US stock market crashed on Thursday, with the Wall Street benchmark indices ending with the largest single-day percentage losses since 2020.
The Dow Jones crashed 1,679.39 points, or 3.98%, to 40,545.93, while the S&P 500 sank 274.45 points, or 4.84%, to 5,396.52. The Nasdaq Composite closed 1,050.44 points, or 5.97%, lower at 16,550.61.
Asian markets declined today, tracking overnight losses on Wall Street after President Trump’s tariffs rattled global markets.
Japan’s Nikkei 225 declined 2.07%, while the Topix fell 2.69%. South Korea’s Kospi dropped 1.15% and the small-cap Kosdaq fell 0.68%. Hong Kong and China markets are closed for the Qingming Festival.
Meanwhile, Gift Nifty was trading around 23,206 level, a discount of nearly 120 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.
#stockmarketupdates #sensex #nifty #dalalstreetaction #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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