US Major Indices Plunge Before Recovering: Russell 2000 Leads Decline

Tuesday, 2 April 2024, 20:08

US major indices sink, but close off lows. Russell 2000 led the way lower. Dow and NASDAQ drop near 1% with the Russell 2000 falling by 1.80%. Recovery observed as markets bounce. S&P index back above key moving average indicating future market trends.
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US Major Indices Plunge Before Recovering: Russell 2000 Leads Decline

US Major Indices Report

US major indices witnessed a decline before recovering, with Russell 2000 leading the downward trend. Dow and NASDAQ closed down near 1%, while Russell 2000 fell by 1.80%.

Snapshot of Final Numbers:

  • Dow industrial average: -396.63 points or -1.00% at 39170.23
  • S&P index: -37.98 points or -0.72% at 5205.80
  • NASDAQ: -156.38 points or -0.95% at 16240.45
  • Russell 2000: -37.80 points or -1.80% at 2065.03

For the S&P index, recovery was witnessed above its 100-hour moving average, serving as an important signal for future market movements.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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