By CNBCTV18.COM | Apr 4, 2025 4:03 PM IST (Updated)
US Stock Market Live: US equity futures are pointing towards more pain ahead on Wall Street after Thursday’s rout wiped out over $2.5 trillion in market capitalisation. The Dow futures are currently trading 420 points lower, while futures linked to the S&P 500 and the tech-heavy Nasdaq are down 50 points and 125 points respectively. As of Thursday’s closing, all major benchmark indices in the US have either slipped into correction territory, meaning a 10% drop from the peak, or into a bear market, meaning a 20% drop from the peak. The Dow Jones is down 10% from the top, while the Nasdaq has nearly slipped into bear market territory with an 18% drop from its peak.
US Stock Market Live: US equity futures are pointing towards more pain ahead on Wall Street after Thursday’s rout wiped out over $2.5 trillion in market capitalisation. The Dow futures are currently trading 800 points lower, while futures linked to the S&P 500 and the tech-heavy Nasdaq are down 120 points and 400 points respectively. As of Thursday’s closing, all major benchmark indices in the US have either slipped into correction territory, meaning a 10% drop from the peak, or into a bear market, meaning a 20% drop from the peak. The Dow Jones is down 10% from the top, while the Nasdaq has nearly slipped into bear market territory with an 18% drop from its peak. The smallcap Russell 2000 index has slipped into bear market territory already with a 22% fall from the top. The two important triggers for today’s session include the Non-Farm Payrolls data for March and Fed Chair Jerome Powell’s speech, his first after the reciprocal tariff announcement.
