Alva Review-Courier -

How major US stock indexes fared Thursday


September 4, 2020

Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains.

The selling was widespread, sending the benchmark S&P 500 3.5% lower, its biggest loss since June. The tech-heavy Nasdaq fell 5%. Both indexes set record highs a day earlier.

Treasury yields fell as cautious investors shifted money into bonds.

On Thursday:

The S&P 500 fell 125.78 points, or 3.5%, to 3,455.06.

The Dow Jones Industrial Average dropped 807.77 points, or 2.8%, to 28,292.73.

The Nasdaq composite lost 598.34 points, or 5%, to 11,458.10.

The Russell...

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