The stock market resumed a trend lower on Wednesday, with the Dow industrials set to erase of its gains from Tuesday and then some as selling in energy and financials pressured the main indexes south. The Dow Jones Industrial Average DJIA, -1.23% was down 450 points, or 1.3%, at 33,862, the S&P 500 index SPX, -1.04% was off 1.2% at 4,292, while the Nasdaq Composite Index COMP, -0.79% declined 1.2% at 14,267.
On Tuesday, the Dow rose 312 points, or 0.92%, to 34,315, the S&P 500 increased 45 points, or 1.05%, to 4,346, and the Nasdaq Composite gained 178 points, or 1.25%, to 14,434. The slump for stocks came even as a report from Automatic Data Processing Inc. showed that 568,000 private-sector jobs were created in September, outpacing estimates from The Wall Street Journal for 425,000. However, a reading for August was reduced to 340,000 from 374,000.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2.5%Tesla bucked the trend after the company said this weekend that it delivered 241,300 electric vehicles during the third quarter, well above analysts estimates. AMC CitadelScandal KenGriffinToJail VladTenevLied VladTenevToJail HoldTheMarketAccountable KenGriffinLied BanPFOF GaryGenslerWhatchaGonnaDo ChokeOnThat Joe now owns what happens to the stock market. 10/1 Facebook not that big of a deal
Source: CNBC - 🏆 12. / 72 Read more »
Dow jumps more than 300 points as stocks reboundStocks staged a rebound Tuesday, rallying across the board as Wall Street bounced back from a sell-off at the start of the week. nice 🇪🇹 1000s civilians in Amhara and Afar region massacred by TPLFTerroristGroup MaikadraMassacre AgamsaMassacre ChenaMassacre GalicomaMassacre KoboMassacre FMCastaldo ZovkoEU guetta_en k_langensiepen chrismes Mariearenaps michaelgahler tomastobe davidmcallister
Source: CNN - 🏆 4. / 95 Read more »
Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2.5%Tesla bucked the trend after the company said this weekend that it delivered 241,300 electric vehicles during the third quarter, well above analysts estimates. AMC CitadelScandal KenGriffinToJail VladTenevLied VladTenevToJail HoldTheMarketAccountable KenGriffinLied BanPFOF GaryGenslerWhatchaGonnaDo ChokeOnThat Joe now owns what happens to the stock market. 10/1 Facebook not that big of a deal
Source: CNBC - 🏆 12. / 72 Read more »
Dow jumps more than 300 points as stocks reboundStocks staged a rebound Tuesday, rallying across the board as Wall Street bounced back from a sell-off at the start of the week. nice 🇪🇹 1000s civilians in Amhara and Afar region massacred by TPLFTerroristGroup MaikadraMassacre AgamsaMassacre ChenaMassacre GalicomaMassacre KoboMassacre FMCastaldo ZovkoEU guetta_en k_langensiepen chrismes Mariearenaps michaelgahler tomastobe davidmcallister
Source: CNN - 🏆 4. / 95 Read more »