Dow Jones falls 200 points, while S&P 500, Nasdaq drag post Powell remarks
Fri, Nov 15, 2024 11:04 AM

Dow Jones falls 200 points, while S&P 500, Nasdaq drag post Powell remarks

A Flip by Avya Verma
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US markets fell further on Thursday as profit booking continued from the post-election rally. Remarks from Fed Chair Jerome Powell acted as a key trigger behind the market fall. The Dow Jones fell over 200 points on Thursday, while the S&P 500 and the Nasdaq Composite declined 0.6% each. Fed Chair Jerome Powell in Dallas on Thursday said that the central bank "didn't need to be in a hurry".

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