Stock Market Point Drop Today References

Stock Market Point Drop Today

Just two years ago, 1,175 points equaled 7.3% on the dow, and 113 points on the s&p 500 represented 6.0%.
Mounting worries about the virus.Other action in the stock market today:Rising treasury yields, reflecting inflation worries, are behind the uneven market trends.

Seeming overreaction on the downside the day before likely whet the.Stock market activity today &.Stock market has been rallying thanks to massive amounts of liquidity injection from the federal reserve.Stocks lower as surging commodity prices stoked concern about whether inflation will derail a growth rebound in the world’s largest economy and spoil a record stock rally.

That number was well above the 700,000 tally expected.The 113 point drop in the s&p 500 on the same day equated to 4.1%.The benchmark index bottomed out at 2,237 on.The calm rise in indices has made investors complacent and misprice risk.

The dow jones industrial average declined 3.4% to 26,519.The dow jones witnessed a 1,000 point drop on monday, and.The index dropped 730 points, or 2.7%, and was tracking toward its worst day since september 3.The major indexes rallied near their intraday highs.

The nasdaq composite fell nearly 1.6%.The nasdaq composite lost 3.7% to 11,004.The s&p 500 closed down 1.9% while the dow jones led the market on the downside with a 2.3% decline.The s&p 500 fell 0.7% as of 4 p.m.

The s&p’s drop just missed the cut as one of the 20 worst days in the index’s history.The stock market suffered its worst point drop in history on monday as the us prepared to shut down to curb the spread of coronavirus.These are some of the main moves in markets:With stock indexes such as the dow jones industrial average or the s&p 500, a point is just a whole number in the index value.

Yet by tuesday, much of that optimism had stalled, sending all three major stock indexes lower, with technology stocks in particular dragging them down.