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Nasdaq plunges into correction territory

📍 United States, US·🕐 5h ago·2 outlets

CNBC reports: The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors accelerated their move away from technology stocks in the wake of the U.S. midterm elections. The tech-heavy Nasdaq declined 3.9% and dipped into correction territory, trading more than 10% below a record set last month. The S&P 500 was down 2.8%. The Dow Jones Industrial Average shed 1,153 points, or 2.2%, as gains in ...

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✓ Verified · 2 outlets

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Also reported by staradvertiser.com (found in GDELT's list of news articles)

2h ago
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Reliability
88%

Very high · How we score this

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medium risk