US stock market falls
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Wall Street has its worst day in a month
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Stock market drops sharply a day after government shutdown ends; Dow sinks nearly 800 points
The tech-heavy Nasdaq Composite netted the most losses with a 2.5% slump, while the S&P 500 sank 1.8% as of publishing. The Dow closed with an 809 point loss, or 1.7%.
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Stock Market Today: Dow Drops 600 Points, Nasdaq Tumbles; Silver Stock Shines (Live Coverage)
The Dow Jones index fell Thursday, following a record high in the previous session after news of the U.S. government shutdown ending.
Consumer goods conglomerate Spectrum Brands ( SPB +9.79%) had a mixed fiscal fourth quarter of 2025 as detailed in the earnings release it published Thursday morning. Investors clearly chose to focus on the crushing net-income beat rather than the revenue miss, as they drove the company's stock price up by almost 10% during that trading session.
S&P 500 futures are on the run as Advanced Micro Devices ( NASDAQ: AMD) leads the tech pivot higher. Last checked, the S&P 500 is up about 24 points. The SPDR S&P 500 ETF ( SPY) is up about $2.35. Dow futures are up 105, with the tech-heavy Nasdaq up about 152.
Range reports on market momentum and fundamentals, urging caution as signs of speculation and volatility emerge despite strong YTD gains.
Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.
Dow falls nearly 800 points as shutdown ends, Disney drops after earnings
In Jim Cramer's "Stop Trading" segment on CNBC's Squawk on the Street program, the famous stock picker mentioned Amgen positively. He pointed to the very encouraging results of a recent phase 3 clinical trial of its cholesterol drug Repatha. The medication was shown to significantly reduce the risk of heart attack and stroke in the study.
The Nifty heads into the final trading day of the week in cautious mode after a strong three-day upmove. It could well have been the fourth day as well considering the moves seen in the first half of Thursday's session.
Asian markets were trading lower, following losses on Wall Street, as technology shares faced renewed pressure and uncertainty grew over potential Federal Reserve rate cuts
Famed investor and tech analyst Dan Ives said retail investors are now "at the adults' table" and should be taken seriously by Wall Street.