Wall Street Slides Thursday as Dow Drops Nearly 600 Points in Broad Market Selloff

U.S. markets closed lower Thursday as investors pushed all three major indexes into negative territory during New York Stock Exchange trading.

The Dow Jones Industrial Average fell 592 points, closing at 48,908.72 — a decline of 1.20%.

The S&P 500 dropped 84 points to finish at 6,798.40, down 1.23%.

Meanwhile, the tech-heavy Nasdaq Composite slid nearly 364 points, closing at 22,540.59 — a loss of 1.59%.

The broad selloff reflects continued volatility on Wall Street as investors weigh economic data, corporate earnings, and ongoing uncertainty surrounding technology stocks and artificial intelligence. Analysts say recent market swings highlight growing caution among traders, with many shifting away from riskier assets.

Thursday’s losses add to an already turbulent week for equities, as concerns about the labor market and future growth prospects continue to pressure stocks.

Trading wrapped up at the New York Stock Exchange with all major averages posting solid declines for the session.

Credit: CNN Newsource

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