The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes −1,033.99 (2.60%) today. Federal Reserve is behind in this result cutting interest rates . Now once-again hot artificial intelligence trade.
Nvidia tumbled 6.4% Monday .
We remember that, The Dow lost more than 22% in a single day on Black Monday in 1987. The S&P 500 is currently around 8.5% off from its recent high.