Wall Road Loses $1 Trillion in Single Session
The Dow Jones Industrial Common fell 1.01% to shut at 45,960.11. The S&P 500 dropped 1.74% to six,477.16. The Nasdaq Composite led the decline, shedding 2.38% to shut at 21,408.08. All three indices reversed beneficial properties posted Wednesday, when the Dow gained 0.66%, the S&P 500 rose 0.54%, and the Nasdaq added 0.77%.
The CBOE Volatility Index, broadly tracked as Wall Road’s worry gauge, climbed to 27.44 — a stage that alerts merchants are pricing in additional turbulence.
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