Big news happened in the stock market! Stocks went down a lot. This means the value of many companies dropped. It's like when your favorite toy goes on sale – but in this case, it's not good news for the companies.
- The Dow Jones, S&P 500, and Nasdaq all fell.
- This is partly because of worries about trade between countries and how much things cost.
- Some tech companies had lower than expected sales, making investors nervous.
Stock Market Index | Percentage Drop |
---|---|
Dow Jones | 1% (over 400 points) |
S&P 500 | nearly 2% |
Nasdaq | more than 2.6% |