Sunday, February 23, 2025 | 12:28 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Wall Street turns red as Omicron reaches US; Dow Jones falls 460 points

All three indexes breach key technical levels; Salesforce falls on disappointing profit forecast

Wall Street
Premium

Photo: Shutterstock

Devik Jain, Ambar Warrick | Reuters
Wall Street's major averages fell more than 1% on Wednesday after a morning rally faded as investor angst about the latest coronavirus variant soared with the first US case confirmation while the market also digested Fed comments on inflation.

After having advanced as much as 1.9% by late morning, the S&P 500 gave up all its gains in the afternoon along with the Dow and Nasdaq, which fell the most on the day. All three indexes breached key technical levels during the session.

Late in the day, the U.S. Centers for Disease Control said the country had detected its first case of

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in