Markets Plummet: Dow, Nasdaq, S&P Down

Markets saw significant declines on December 12th, with the Dow Jones dropping over 245 points, Nasdaq falling by nearly 400 points, and S&P 500 losing 73.59 points. The Philadelphia Semiconductor Index plummeted by over 377 points, indicating a challenging day for tech stocks. Londons FTSE 100 and Milans MIB index also registered losses. The only bright spot was the Dow Jones Utilities gaining 2.41 points. Investors reacted to various economic factors, leading to a generally negative close for the week. Stay tuned for more updates as the new trading week begins.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.