The Dow Jones Industrial Average experienced significant volatility, closing 500 points lower in its fourth consecutive losing session. This downturn marks the Dow's worst four-day drop since October and its biggest one-day percentage drop since March 22, 2023. The index also traded below its 50-day moving average for the first time since November 2, 2023, indicating a notable shift in market sentiment. This stock market rout has been attributed to intensifying geopolitical tensions, contributing to the Dow's worst week in a year despite a gain on Friday.
MarketWatch Live: Friday gain aside, it’s been the Dow’s worst week in a year https://t.co/izR6EzDa73
⚠️BREAKING: *DOW CLOSES 500 POINTS LOWER, ITS FOURTH STRAIGHT LOSING SESSION, AS STOCK MARKET ROUT INTENSIFIES AMID RISING GEOPOLITICAL TENSIONS $SPY $QQQ $VIX https://t.co/6P94Tbrd5Q
DOW INDUSTRIALS CLOSE WITH BIGGEST ONE-DAY PCT DROP SINCE MARCH 22, 2023
Dow wraps worst four-day drop since October as stock-market rout intensifies https://t.co/aSrka4t0AE
Dow Industrials trading below its 50-day moving average today for the first time since 11/2/23. @CNBC https://t.co/DD5V24CdXX