Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
By Staff Reporters
***
***
U.S. stocks saw their lowest close since July following a spectacular intraday reversal triggered by fears of a prolonged disruption to European natural gas supplies, which rattled global markets.
The NASDAQ extended its losing streak to a sixth day cementing its longest string of daily losses since August 2019. The tech-heavy index has fallen roughly 8% in that time.
Meanwhile, the S&P 500 recorded its biggest ‘blown lead’ since April, after rallying during morning trading following a ‘goldilocks’ August jobs report. The S&P 500 closed 42.59 points, or 1.1%, lower at 3,924.26.
The NASDAQ Composite fell 154.26 points, or 1.3%, to 11,630.86.
The Dow Jones Industrial Average retreated 337.98 points, or 1.1%, to 31,318.44.
All three indexes recorded a loss for the third week in a row.
***
COMMENTS APPRECIATED
Thank You
***
Share this:
Filed under: Alerts Sign-Up, Investing | Tagged: DJIA, NASDAQ, S&P 500, stocks |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Leave a Reply