Market

Dow Jones Recovers After Early Plunge, Wall Street Ends Lower

Wall Street's Rollercoaster Day

In a day marked by volatility, Wall Street saw a significant downturn at the opening, with the Dow Jones Industrial Average plunging sharply. However, as the day progressed, the index managed to claw back some of its losses, closing down by 0.97% or 418 points. The Nasdaq 100 and the S&P 500 also experienced declines, dropping by 1.28% and 1.07%, respectively.

NY Stock Exchange to Honor Jimmy Carter

Amidst the trading day's turmoil, the New York Stock Exchange announced a closure on January 9, 2025, to honor the late United States President, Jimmy Carter. This decision underscores the respect and remembrance for the former leader's contributions to the nation.

Euro Dips Against the Dollar

In currency markets, the euro experienced a slight decline against the dollar, trading at 1.03991 by 3:59 pm ET, marking a 0.26% decrease.