US stock indices plunge on Wednesday, recording second-largest weekly loss

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