Dow tumbles more than 900 points, falls for fourth consecutive weeks
Dow suffers its worst one-day fall since October 2020 on Friday
By Shubhangi Mathur
Published - Apr 23, 2022, 01:19 AM ET
Last Updated - Feb 24, 2024, 04:36 AM EST
US stocks tumbled on Friday, with the Dow Jones Industrial Average suffering its worst one-day fall since October 2020, due to corporate earnings and the Federal Reserve’s plans to raise interest rates.
All the three major Wall Street indices traded in red as the Dow fell 981.36 points, or 2.8%, to 33,811.40.
The S&P 500 was plunged 2.8% at 4,271.78, for its worst day since March, while the Nasdaq Composite declined by 2.6% to 12,839.29.
Healthcare stocks slump
