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Nasdaq finishes in correction territory after worst day since February

Clyde Edgerton by Clyde Edgerton
October 25, 2023
in Markets
Nasdaq finishes in correction territory after worst day since February
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U.S. stocks tumbled on Wednesday, with the Nasdaq Composite seeing its biggest pullback since February, as Google parent Alphabet Inc.
GOOGL,
-9.51%
shares cratered, weighing on the broader market. The Nasdaq Composite
COMP,
-2.43%
fell 318.65 points, or 2.4%, to 12,821.22, finishing in correction territory for the first time since late December 2022, according to preliminary closing data from FactSet. The S&P 500
SPX,
-1.43%
fell 60.91 points, or 1.4%, to 4,186.77. The Dow Jones Industrial Average
DJIA,
-0.32%
fell 105.45 points, or 0.3%, to 33,035.93.

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