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MarketWatch MarketPulseSep 23, 2020
Dow closes 525 points lower and S&P 500 stares down first correction since March as stock market hits session low
Stocks faced heavy selling Wednesday, pushing the main equity benchmarks to approach lows achieved earlier in the week as investors' appetite for assets perceived as risky appeared to abate. The Dow Jones Industrial Average closed 525 points, or 1.9%,lower at 26,763, around its low for the day, while the S&P 500 index declined 2.4% to 3,237, threatening to push the index closer to correction at 3,222.76 for the first time since March. The Nasdaq Composite Index retreated 3% to reach 10,633, deepening its slide in correction territory, defined as a drop of at least 10% from a recent peak.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessSep 23, 2020
Market Recap: Wednesday, September 23
Stocks accelerated losses into the close Wednesday, erasing earlier gains and ending an advance that began on Tuesday. The S&P 500, Dow and Nasdaq each had their worst day in two weeks, with the S&P 500 sinking more than 2%, led by a drop in the energy and information technology sectors, to close at its lowest level since the end of July. The Nasdaq's more than 3% decline brought the index down also to near a two-month low while the Dow fell to its lowest close since the beginning of August.


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