Market Turmoil: Dow Jones Dives

In a significant downturn, the Dow Jones Industrial Average fell sharply, losing over 500 points. This decline was largely driven by major tech companies such as Nvidia Corporation, Microsoft Corporation, Amazon.com Inc., and Apple Inc., which saw their stock prices drop, pulling the index deeper into the red.

Nasdaq and S&P 500 Also Suffer

Not only did the Dow Jones take a hit, but the Nasdaq 100 and the S&P 500 also experienced substantial losses, decreasing by 2.06% and 1.63% respectively. This widespread market downturn reflects growing investor concerns and the volatile nature of the tech sector.

Euro Holds Steady Against the Dollar

Amidst the stock market's turbulence, the euro remained stable against the dollar, trading at $1.04168. This steadiness in the currency market contrasts sharply with the volatility seen in the stock markets, highlighting the complex dynamics at play in global finance.