Major US Stock Indices Experience Pullback, Nasdaq Leading the Decline
Publication Time:2024-09-07 04:06:09
This week saw noticeable adjustments in the US market. The NASDAQ Composite Index, a key representative of technology stocks, experienced a daily drop of 2.55%, marking its second consecutive weekly decline and indicating pressure on the technology sector. The S&P 500 index fell by 1.72% and the Dow Jones Industrial Average dropped by 1%, signaling growing concerns about the economic outlook. Overall, this pullback may reflect investors' reassessment of highly valued assets and doubts about the speed and sustainability of global economic recovery. Market analysts noted that although there is a short-term pullback, long-term growth potential still exists, and market sentiment is expected to recover in the short term.
NASDAQ
S&P 500
Dow Jones
US Stocks
Pullback
Standard & Poor