Lates News

On Thursday, the US stock market fell sharply, with the Nasdaq Composite Index dropping more than 2% and falling nearly 11% from its high point on October 29 last year, entering a correction zone. That day, the Nasdaq and S&P 500 indexes also saw their largest single-day declines since January 20. US stock futures narrowed their losses after the close as President Trump announced he would temporarily halt attacks on Iranian energy facilities until April 6 at the request of the Iranian government. Ryan Detrick, chief market strategist at LPL Financial, said, "This conflict has really shaken investors' confidence. The Nasdaq's move further confirms the broad weakness we have seen persisting."