U.S. stocks faced their worst week in five years, with the Nasdaq falling into a technical Bear Market.

DailyNews

2025-04-05 01:04:40

PANews, April 5th news, according to Caixin, the U.S. stock market has encountered its worst week in five years, with the Nasdaq entering a technical Bear Market. On Friday, Eastern Time, the three major U.S. stock indices fell sharply, with the S&P 500 index down 5.97%, marking the largest single-day drop since March 2020; it closed down 9.08% for the week, the largest weekly decline since March 2020. The Nasdaq fell 5.82%, dropping more than 20% from its all-time closing high, confirming its entry into the technical Bear Market range. The Dow Jones fell 5.50%, closing more than 10% below its all-time closing high, confirming its entry into the correction range.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments