Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks fall after yesterday's strong gains

Economies.com
2020-03-25 14:14PM UTC

US stocks fell on Wednesday, as the market absorbed yesterday's record gains.

 

This came amid global markets anticipation for the Congress vote on the $2 trillion economic stimulus bill, which is aimed at providing support for US companies and families to ease the coronavirus impact.

 

Wall Street drew support from signs on a deal between the White House and US Senators on the package.

 

Data showed today that the US durable goods orders rose 1.2% during February.

 

The US stocks yesterday scored large gains, as Dow Jones jumped more than 11% to post it largest daily gains since the 1933 Great Depression.

 

As for stocks, Dow Jones slipped 0.4% or 78 points to 20,627 as of 14:11 GMT, Nasdaq fell 1.6% or 123 points to 7,295, and S&P 500 dipped 1.2% or 29 points to 2,416.

American Markets News

Americas News

Markets

Wall Street rallies after Nvidia's results
2025-11-20 15:31PM UTC
US stock indices rose on Thursday as strong demand for the technology sector followed ...
Americas News

Markets

Wall Street tumbles over 1% as tech shares face pressure
2025-11-18 15:09PM UTC
U.S. stock indexes fell at the start of Tuesday’s session as heavy selling resumed in ...
Americas News

Markets

Wall Street dragged down by tech sector
2025-11-14 15:45PM UTC
U.S. stock indexes fell during Friday’s trading amid heavy pressure and broad selling on Wall ...