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Wall St plummets: Dow slides 1033 pts, S&P drops by 100 amid selloff

The Dow lost more than 1000 points for the second time in four session ending at 23, 860.46, down 4.2 per cent. Amazon and Facebook were among the biggest drags

Wall Street Slips

Reuters  |  New York 

The US stocks plunged around 4 percent on Thursday in another dramatic session, confirming a correction that has thrown the market's nearly nine-year bull run off course. The bottom of this recent slide remained elusive for investors, who have been whipsawed this week by huge swings that have shaken a market that had only climbed steadily for months. With Thursday's drops, the benchmark S&P 500 and the Dow industrials confirmed they were in correction territory, both falling more than 10 percent from Jan. 26 record highs. The S&P 500 slumped 3.8 percent on Thursday, while ...

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First Published: Fri, February 09 2018. 07:12 IST