Dow skids nearly 170 points at its intraday low as stock-market slide gathers steam

The Dow Jones Commercial Moderate slipped firmly decrease on Tuesday, including to a contemporary downtrend in fairness benchmarks as buyers look ahead to updates on tax reform. The Dow DJIA, -Zero.22% was once down about 130 issues, or Zero.five%, at 23,307, hitting a low of 23,271, or down 168 issues at its lows of the consultation. The S&P 500 index SPX, -Zero.27% slipped Zero.five% at 2,571, whilst the Nasdaq Composite Index COMP, -Zero.28% retreated Zero.45 at 6,724. All 3 benchmarks opened in damaging territory and have been damaging for the month of November. Consistent with FactSet knowledge, the Dow was once off Zero.three% in November, the S&P 500 was once down Zero.2%, whilst the Nasdaq was once having a look at a nil.1% decline over that duration. November has historically been a duration for stock-market purchasing as skilled buyers arrange their portfolios for 2018.

Related posts

Leave a Comment