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The S&P 500 declined 165.17 points, or 4%, to end at 3,923.68, also its worst daily percentage drop since June 11, 2020. The Nasdaq Composite lost 566.37 points, or 4.7%, finishing at 11,418.15, while recording its worst daily percentage drop since May 5.

Dow plummets by nearly 1200 points, records worst drop since June 2020

Dow Jones Industrial Average lost 1,164.52 points, or 3.57%, to 31,490.07, the average’s biggest decline since June 2020

By Yashasvini Razdan
Published - May 18, 2022, 09:20 PM ET
Last Updated - Feb 28, 2024, 08:10 AM EST

• Shares of Target plunged 24.9% after it reported downbeat earnings

The Dow Jones Industrial Average headed for its largest loss since 2020 on Wednesday.

The Dow Jones Industrial Average lost 1,164.52 points, or 3.57%, to 31,490.07, the average’s biggest decline since June 2020.

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