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 climbs, Dow Jones passes 47,000 points
2025-11-25 18:29PM UTC
US stock indexes rose on Tuesday as traders increased their bets on a Federal Reserve interest-rate ...
Americas News

Markets

Wall Street boosted by tech sector, rate outlook
2025-11-24 16:43PM UTC
U.S. stocks climbed on Monday, supported by a strong rebound in the technology sector, particularly ...
Americas News

Markets

Wall Street edges up on renewed hopes for Fed rate cuts
2025-11-21 16:16PM UTC
Most US stock indexes rose on Friday as optimism over potential Federal Reserve rate cuts ...