Markets tank after post-Election Day surge
Summary
U.S. stocks fell sharply on Thursday, one day after rallying following Democrats’ midterm victories. The Dow Jones Industrial Average closed 1,833 points below Wednesday’s close, while the Nasdaq Composite and S&P 500 also declined.Key Facts
- Stocks fell sharply on Thursday.
- The decline came one day after a market rally following Democrats’ midterm victories.
- The Dow Jones Industrial Average fell by more than 2,100 points from its opening level.
- The Dow closed 1,833 points below Wednesday’s close.
- The Nasdaq Composite declined on Thursday.
- The S&P 500 declined on Thursday.
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