NASDAQ, S&P 500, and Dow Jones, the three big US stock market indices have been sliding since the beginning of the year and dropped big this week.
NASDAQ saw biggest drop this week since the beginning of the COVID pandemic. NASDAQ dropped below 14000 from its recent peak 16,000. Similarly S&P 500 also saw a big drop this week. NASDAQ’s weekly drop of -7.55% and S&P 500’s drop of -5.68% were their worst drops since the beginning on COVID pandemic in 2020.
Here are 3 charts to visualize their continuing slide.
NASDAQ’s biggest weekly drop since the beginning of COVID pandemic
S&P 500’s biggest weekly drop since the beginning of COVID pandemic
[…] NASDAQ and S&P 500 had the worst weekly loss last week (21 Jan 2022) with loss more than %5 in just a four day week. The big question on the street is will the market arrest its slide or will it continue losing further? […]