Connect with us

Hi, what are you looking for?

World

US stocks plunge 2% in broad-based sell-off 

AFP

Published

-

US stocks plunged around 2 percent Friday, sinking for a second straight day on concerns over emerging economies and disappointments in US corporate earnings.

The S&P 500 finished down 2.07 percent, while the Dow Jones Industrial Average dipped 1.91 percent. Meanwhile the tech-rich Nasdaq Composite lost 2.13 percent.

US stocks plunged around 2 percent Friday, sinking for a second straight day on concerns over emerging economies and disappointments in US corporate earnings.

The S&P 500 finished down 2.07 percent, while the Dow Jones Industrial Average dipped 1.91 percent. Meanwhile the tech-rich Nasdaq Composite lost 2.13 percent.

In this article:Close, Stocks, US
AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Imran Ahmed, head of a prominent anti-disinformation watchdog, has warned of the dangers posed by AI chatbots, saying children are particularly vulnerable to their charms Imran Ahmed, head of a prominent anti-disinformation watchdog, has warned of the dangers posed by AI chatbots, saying children are particularly vulnerable to their charms

News

Op-Ed: AI ‘Forbidden Techniques’ and increased AI deception — Enough babble. Fix it.

What we need is trustworthy AI, not guessing games costing trillions.

20 hours ago

Business

The gap between AI velocity and AI governance is where incidents happen: Here’s how to close it.

In this business article, there's no theory. No back-to-basics. Just a clear argument and a playbook for the leaders in the middle of this...

11 hours ago

Tech & Science

New award to help researchers catalyse AI-driven discovery for the public good

his is what computer science looks like at its best — advancing discovery while improving lives on a global scale.

11 hours ago
The Indian-flagged tanker Jag Vasant transited through the Strait of Hormuz carrying liquefied petroleum gas The Indian-flagged tanker Jag Vasant transited through the Strait of Hormuz carrying liquefied petroleum gas

World

Trump orders US naval blockade of Strait of Hormuz

Trump suggested that "other countries" would be involved in the blockade effort, without specifying.

16 hours ago