Dow Logs Worst Day Of 2025 As Investor Sentiment Wanes
All three major indexes slumped into the weekend, driven by fears surrounding more Trump tariff headlines, fresh inflation data, and the Department of Justice's (DoJ) probe into UnitedHealth (UNH). The Dow plunged over 700 points, suffering its worst daily percentage drop since Dec. 18. The Nasdaq and S&P 500 were dragged triple digits as well, while for the week, all three names suffering steep losses. Amid Wall Street's turmoil, the Cboe Volatility Index (VIX) ushered in its biggest single-day pop since Jan. 27.
GOLD LOGS 8TH WEEKLY WIN
Oil futures fell as Middle East supply concerns eased. The most active April-dated West Texas Intermediate (WTI) crude fell $2.08, or 2.87%, to settle at $70. 40 per barrel for the day and down 0.5% for the week.
Gold prices fell victim to profit taking today.At last glance, gold's now most-active, April contract was down 0.2% at $2,950.30 an ounce for the day, but up 2.25% for the week.
More By This Author:
Stocks Firmly Lower As Consumer Sentiment Weakens
Nasdaq Snaps Winning Streak; Dow Logs Worst Day Since January
Major Indexes Falter; Dow Drops Over 550 Points