Markets Right Now: Stocks plunge again, Dow sinks 464 points

FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)

Stocks are plunging again on Wall Street, chopping another 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points.

NEW YORK — The latest on developments in financial markets (all times local):

4 p.m.

Another miserable day on Wall Street knocked 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points.

The index is now down more than 10 percent for December, putting it on track for its worst monthly loss in almost a decade.

The technology-heavy Nasdaq is now down almost 20 percent from the peak it reached in August.

After steady gains through the spring and summer, stocks have fallen sharply in the fall as investors worry that global economic growth is cooling off.

The S&P 500 fell 39 points, or 1.6 percent, to 2,467.

The Dow lost 464 points, or 2 percent, to 22,859.

The Nasdaq fell 108 points, or 1.6 percent, to 6,528.

___

2:09 p.m.

Stocks are plunging again on Wall Street, chopping another 600 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,900 points.

Technology stocks, longtime market favorites, have taken particularly hard hits over the last few days of selling and were sharply lower again Thursday.

The technology-heavy Nasdaq composite index is now down 20 percent from the peak it reached in August.

After steady gains through the spring and summer, stocks have fallen sharply in the fall as investors worry that global economic growth is cooling off and that the U.S. could be headed for a recession in the next few years.

The S&P 500 fell 61 points, or 2.4 percent, to 2,445.

The Dow lost 638 points, or 2.7 percent, to 22,687.

The Nasdaq fell 180 points, or 2.8 percent, to 6,452.

___

11:45 a.m.

Stock prices are falling further on Wall Street, a day after another big plunge rocked markets around the world.

Major indexes fell more than 1 percent in midday trading Thursday, bringing their losses over the previous six days to about 6 percent.

The benchmark S&P 500 index is now almost 16 percent below the peak it reached in late September.

After steady gains through the spring and summer, stocks have slumped in the fall as investors worry that global economic growth is cooling off.

Microsoft and Amazon each fell 3.4 percent.

The S&P 500 fell 36 points, or 1.4 percent, to 2,471.

The Dow Jones Industrial Average fell 379 points, or 1.6 percent, to 22,950. The Nasdaq fell 115 points, or 1.7 percent, to 6,524.

___

9:35 a.m.

Stocks are opening lower on Wall Street a day after the market took a big plunge.

Health care companies and consumer products makers had some of the biggest losses in early trading Thursday.

UnitedHealth Group, the largest health insurer in the country, fell 1.8 percent. Procter & Gamble lost 1.3 percent.

Walgreens fell 2.8 percent and Conagra, a giant food maker, fell 7.4 percent. Both companies reported weaker sales than analysts were expecting.

The S&P 500 index lost 14 points, or 0.6 percent, to 2,491.

The Dow Jones Industrial Average fell 118 points, or 0.5 percent, to 23,191. The tech-heavy Nasdaq composite slipped 27 points, or 0.4 percent, to 6,611.

Bond prices rose, sending yields lower.

Related News

Medicaid estimate renews cost concerns over...

Aug 12, 2016

Government cost estimates for expanding Medicaid to millions more low-income people are increasing...

Studies shine light on mysterious placenta, how...

Aug 12, 2016

Placenta is most mysterious organ: Scientists don't know how this tissue that nourishes a fetus...

3 years into nation's hemp experiment, crop's...

Aug 12, 2016

Three years into the nation's hemp experiment, the crop's hazy market potential is starting to come...

Tepid retail sales lower expectations for US...

Aug 12, 2016

Tepid retail spending in July lowers expectations for US economic growth in coming months

US producer prices slid 0.4 percent in July

Aug 12, 2016

US producer prices fell last month by the biggest percentage since September, pulled down by...

Pressuring Trump, Clinton releases 2015 tax...

Aug 13, 2016

Hillary Clinton and her husband earned $10.6 million last year, according to a tax filing released...

Here at The World Agenda, we bring innovation to digital news for you to keep abreast of worldwide news instantly anywhere.

Contact us: sales[at]theworldagenda.com