The major US stock indices are closing down over 1% with the Dow industrial average down -1.66%. Shares of IBM tumbled -13.13% (that is a bad luck number). Shares of American Express were down -7.21%, and Visa fell -4.57%.
Other big losers for the day with declines of over 5% include:
CrowdStrike Holdings: -9.88%
Snowflake: -8.66%
American Express: -7.21%
Shopify Inc: -7.04%
DoorDash: -6.60%
Chewy: -6.56%
Mastercard: -5.72%
Robinhood Markets: -5.68%
Strategy: -5.62%
Cadence Design: -5.51%
Intuit: -5.51%
Fortinet: -5.48%
PNC Financial: -5.23%
Super Micro Computer: -5.21%
United Airlines Holdings: -5.17%
Macy’s Inc: -5.09%
A look at the numbers for the indices shows:
- Dow industrial average 121.91 points or -1.66% at 48,804.06 points.
- S&P index -71.76 points or -1.04% at 6837.75.
- NASDAQ index -258.80 point or -1.13% at 22627.27
