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New York, June 10 (Petra) — Major US stock indices fell sharply on
Wednesday, recording their second-largest single-day loss within a
week.
The Dow Jones Industrial Average plummeted 953 points, or 1.87%, to
drop below the 50,000 threshold and settle at 49,918 points.
The tech-heavy Nasdaq Composite index likewise dipped 509 points, or
1.98%, to close at 25,169 points. Meanwhile, the broader S&P 500
index declined by approximately 119 points, or 1.62%, finishing the
trading session at 7,267 points.
In contrast to the equity markets, West Texas Intermediate (WTI)
crude oil prices held steady, stabilizing at $90.48 per barrel.
//Petra// AF