Home / Market Update / Global Stock Market / Wall Street Plunged After Trump

Wall Street Plunged After Trump

Major indexes tumbled on Wall Street at the open after President Donald Trump had tested positive Coronavirus weeks before the presidential election, while sentiment is also affected by the fiscal stimulus and a distant slowdown in the domestic economic recovery.

The Dow Jones Industrial Average fell 280.51 points, or 1.01%, to 27,536.39 points.

The Standard & Poor’s 500 Index declined 41.86 points, or 1.24%, to 33,389.94 points.

The Nasdaq Composite Index fell 243.98 points, or 2.15%, to 11,082.53 points.

Check Also

Britain’s Economy Rebounds in Q1, But Long-Term Growth Woes Cloud Election Outlook

Key Points: Stronger Rebound: Britain’s GDP grew by 0.7% in Q1 2024, exceeding initial estimates, …