Dow Plunges Nearly 900 Points, S&P 500 Enters Bear Market Territory As Inflation Fears Roil Markets (2024)

Breaking

7 hours ago

House Oversight Leader Will ‘Invite’ President Biden To Testify At Impeachment Hearing

9 hours ago

Dodgers Star Shohei Ohtani’s Interpreter Fired, Accused Of ‘Massive Theft’

9 hours ago

Reddit Priced IPO At $34 Per Share—Hitting The High End Of Its Range

10 hours ago

Microsoft, Meta, X Oppose Apple’s Plan To Introduce Outside Payment Options On App Store

10 hours ago

Apollo Offers $11 Billion For Paramount Studios, Report Says

10 hours ago

Gas Prices Surpass $3.50 A Gallon For First Time Since October

11 hours ago

China Will Be Ready To Invade Taiwan By 2027, U.S. Admiral Says

11 hours ago

New EPA Rule Could Make Most New Cars Hybrid Or Electric By 2032—Backing Off Stricter Timeline

14 hours ago

Trump Signals Support For 15-Week Abortion Ban—But He Hasn't Always Thought This Way

14 hours ago

Michael Cohen Won’t Be Sanctioned For Citing Fake Cases—Though He Likely Committed Perjury, Judge Rules

14 hours ago

Here’s What Jared Kushner Said About Gaza’s Waterfront Property—And Where It’s Been Said Before

14 hours ago

Elon Musk Is Once Again The Richest Man In The US, Overtaking Jeff Bezos

7 hours ago

House Oversight Leader Will ‘Invite’ President Biden To Testify At Impeachment Hearing","scope":{"topStory":{"index":1,"title":"House Oversight Leader Will ‘Invite’ President Biden To Testify At Impeachment Hearing","image":"https://specials-images.forbesimg.com/imageserve/65fb755aaae5d7bdcaa74be0/290x0.jpg?cropX1=0&cropX2=2629&cropY1=0&cropY2=1754","isHappeningNowArticle":true,"date":"7 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/20/house-oversight-leader-will-invite-president-biden-to-testify-at-impeachment-hearing/"}},"id":"4490oj38ap7c00"},{"textContent":"

9 hours ago

Dodgers Star Shohei Ohtani’s Interpreter Fired, Accused Of ‘Massive Theft’","scope":{"topStory":{"index":2,"title":"Dodgers Star Shohei Ohtani’s Interpreter Fired, Accused Of ‘Massive Theft’","image":"https://specials-images.forbesimg.com/imageserve/65fb5f41ea43b5df5047a283/290x0.jpg?cropX1=0&cropX2=3801&cropY1=0&cropY2=2138","isHappeningNowArticle":true,"date":"9 hours ago","uri":"https://www.forbes.com/sites/brianbushard/2024/03/20/dodgers-star-shohei-ohtanis-interpreter-fired-accused-of-massive-theft/"}},"id":"3e9iq2d99cmo00"},{"textContent":"

9 hours ago

Reddit Priced IPO At $34 Per Share—Hitting The High End Of Its Range","scope":{"topStory":{"index":3,"title":"Reddit Priced IPO At $34 Per Share—Hitting The High End Of Its Range","image":"https://specials-images.forbesimg.com/imageserve/65fb5d742b9a2b644a133d4f/290x0.jpg?cropX1=0&cropX2=2871&cropY1=148&cropY2=1763","isHappeningNowArticle":true,"date":"9 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/20/reddit-priced-ipo-at-34-per-share-hitting-the-high-end-of-its-range/"}},"id":"32qdq2hgpm5g00"},{"textContent":"

10 hours ago

Microsoft, Meta, X Oppose Apple’s Plan To Introduce Outside Payment Options On App Store","scope":{"topStory":{"index":4,"title":"Microsoft, Meta, X Oppose Apple’s Plan To Introduce Outside Payment Options On App Store","image":"https://specials-images.forbesimg.com/imageserve/65fb4e5dbed1f9514ad67b59/290x0.jpg?cropX1=0&cropX2=2205&cropY1=0&cropY2=1470","isHappeningNowArticle":true,"date":"10 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/20/microsoft-meta-x-oppose-apples-plan-to-introduce-outside-payment-options-on-app-store/"}},"id":"9gd6g7nfkpbc00"},{"textContent":"

10 hours ago

Apollo Offers $11 Billion For Paramount Studios, Report Says","scope":{"topStory":{"index":5,"title":"Apollo Offers $11 Billion For Paramount Studios, Report Says","image":"https://specials-images.forbesimg.com/imageserve/65fb49ac8c9830707bcdc28e/290x0.jpg?cropX1=0&cropX2=3590&cropY1=185&cropY2=2204","isHappeningNowArticle":true,"date":"10 hours ago","uri":"https://www.forbes.com/sites/zacharyfolk/2024/03/20/apollo-offers-11-billion-for-paramount-studios-report-says/"}},"id":"3bj9gl8nphh000"},{"textContent":"

10 hours ago

Gas Prices Surpass $3.50 A Gallon For First Time Since October","scope":{"topStory":{"index":6,"title":"Gas Prices Surpass $3.50 A Gallon For First Time Since October","image":"https://specials-images.forbesimg.com/imageserve/65fb44fd1d4fe1762abb11fe/0x0.jpg","isHappeningNowArticle":true,"date":"10 hours ago","uri":"https://www.forbes.com/sites/anafa*guy/2024/03/20/gas-prices-surpass-350-a-gallon-for-first-time-since-october/"}},"id":"dkbeappb5mh400"},{"textContent":"

11 hours ago

China Will Be Ready To Invade Taiwan By 2027, U.S. Admiral Says","scope":{"topStory":{"index":7,"title":"China Will Be Ready To Invade Taiwan By 2027, U.S. Admiral Says","image":"https://specials-images.forbesimg.com/imageserve/65fb44e8d930c5b26bc11cbe/290x0.jpg?cropX1=0&cropX2=4315&cropY1=312&cropY2=2738","isHappeningNowArticle":true,"date":"11 hours ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/20/china-will-be-ready-to-invade-taiwan-by-2027-us-admiral-says/"}},"id":"drecr2eoied800"},{"textContent":"

11 hours ago

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12 hours ago

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12 hours ago

UFC Parent Company Paying $335 Million To Settle Ex-Fighters’ Wage Suppression Lawsuits","scope":{"topStory":{"index":10,"title":"UFC Parent Company Paying $335 Million To Settle Ex-Fighters’ Wage Suppression Lawsuits","image":"https://specials-images.forbesimg.com/imageserve/65fb31cf790d0e56fa8ff226/290x0.jpg?cropX1=0&cropX2=2729&cropY1=0&cropY2=1818","isHappeningNowArticle":true,"date":"12 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/20/ufc-parent-company-paying-335-million-to-settle-ex-fighters-wage-suppression-lawsuits/"}},"id":"bgp8h8rpm64g00"},{"textContent":"

12 hours ago

What We Know About Inmate’s ‘Brazen’ Escape From Idaho Hospital As 3 Officers Shot","scope":{"topStory":{"index":11,"title":"What We Know About Inmate’s ‘Brazen’ Escape From Idaho Hospital As 3 Officers Shot","image":"https://specials-images.forbesimg.com/imageserve/65fb2e907a088118d9687175/290x0.jpg?cropX1=0&cropX2=3055&cropY1=153&cropY2=1872","isHappeningNowArticle":true,"date":"12 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/20/what-we-know-about-inmates-brazen-escape-from-idaho-hospital-as-3-officers-shot/"}},"id":"dpaqam8efb8g00"},{"textContent":"

13 hours ago

Trump Claims Companies Won’t Secure His $500 Million Bond—But Even Bigger Ones Were Paid In These Cases","scope":{"topStory":{"index":12,"title":"Trump Claims Companies Won’t Secure His $500 Million Bond—But Even Bigger Ones Were Paid In These Cases","image":"https://specials-images.forbesimg.com/imageserve/65fb27e6454eb3ffc2609fa0/0x0.jpg","isHappeningNowArticle":true,"date":"13 hours ago","uri":"https://www.forbes.com/sites/alisondurkee/2024/03/20/trump-claims-companies-wont-secure-his-500-million-bond-but-even-bigger-ones-were-paid-in-these-cases/"}},"id":"932o9i4bchkg00"},{"textContent":"

13 hours ago

‘Lies’: Biden Impeachment Hearing Turns Fiery As Ex-Hunter Biden Business Partner Testifies","scope":{"topStory":{"index":13,"title":"‘Lies’: Biden Impeachment Hearing Turns Fiery As Ex-Hunter Biden Business Partner Testifies","image":"https://specials-images.forbesimg.com/imageserve/65fb26b4ac9bcfc8f490cb40/0x0.jpg","isHappeningNowArticle":true,"date":"13 hours ago","uri":"https://www.forbes.com/sites/saradorn/2024/03/20/lies-biden-impeachment-hearing-turns-fiery-as-ex-hunter-biden-business-partner-testifies/"}},"id":"el28c7ridnlk00"},{"textContent":"

13 hours ago

Fed Says 3 Interest Rate Cuts Likely Still Coming In 2024","scope":{"topStory":{"index":14,"title":"Fed Says 3 Interest Rate Cuts Likely Still Coming In 2024","image":"https://specials-images.forbesimg.com/imageserve/65fb242968f22201a8e66b8b/290x0.jpg?cropX1=0&cropX2=2264&cropY1=236&cropY2=1509","isHappeningNowArticle":true,"date":"13 hours ago","uri":"https://www.forbes.com/sites/dereksaul/2024/03/20/fed-says-3-interest-rate-cuts-likely-still-coming-in-2024/"}},"id":"emop5jnq4mdk00"},{"textContent":"

13 hours ago

Super PAC Backing Ted Cruz Received $215,000 From iHeartMedia—Fueling Ethics Concerns After Podcast Deal","scope":{"topStory":{"index":15,"title":"Super PAC Backing Ted Cruz Received $215,000 From iHeartMedia—Fueling Ethics Concerns After Podcast Deal","image":"https://specials-images.forbesimg.com/imageserve/65fb1dd6f59acbc807e972f2/290x0.jpg?cropX1=0&cropX2=1694&cropY1=87&cropY2=1041","isHappeningNowArticle":true,"date":"13 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/20/super-pac-backing-ted-cruz-received-215000-from-iheartmedia-fueling-ethics-concerns-after-podcast-deal/"}},"id":"3r949pjpqpf000"},{"textContent":"

14 hours ago

Italian Prime Minister Seeks Over $100,000 After Deepfake p*rn Videos Were Viewed ‘Millions Of Times’","scope":{"topStory":{"index":16,"title":"Italian Prime Minister Seeks Over $100,000 After Deepfake p*rn Videos Were Viewed ‘Millions Of Times’","image":"https://specials-images.forbesimg.com/imageserve/65fb087d5ce0354b4d91d30c/290x0.jpg?cropX1=0&cropX2=2470&cropY1=146&cropY2=1536","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/maryroeloffs/2024/03/20/italian-prime-minister-seeks-over-100000-after-deepfake-p*rn-videos-were-viewed-millions-of-times/"}},"id":"a8jarochq8h400"},{"textContent":"

14 hours ago

New EPA Rule Could Make Most New Cars Hybrid Or Electric By 2032—Backing Off Stricter Timeline","scope":{"topStory":{"index":17,"title":"New EPA Rule Could Make Most New Cars Hybrid Or Electric By 2032—Backing Off Stricter Timeline","image":"https://specials-images.forbesimg.com/imageserve/65fb1a8175644ea2214fe1e4/290x0.jpg?cropX1=0&cropX2=1492&cropY1=238&cropY2=1077","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/zacharyfolk/2024/03/20/new-epa-rule-could-make-most-new-cars-hybrid-or-electric-by-2032-backing-off-stricter-timeline/"}},"id":"424qigbgbbqo00"},{"textContent":"

14 hours ago

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14 hours ago

Michael Cohen Won’t Be Sanctioned For Citing Fake Cases—Though He Likely Committed Perjury, Judge Rules","scope":{"topStory":{"index":19,"title":"Michael Cohen Won’t Be Sanctioned For Citing Fake Cases—Though He Likely Committed Perjury, Judge Rules","image":"https://specials-images.forbesimg.com/imageserve/65fb15d5ab8d60f206eed9c1/290x0.jpg?cropX1=0&cropX2=4096&cropY1=134&cropY2=2436","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/20/michael-cohen-wont-be-sanctioned-for-citing-fake-cases-though-he-likely-committed-perjury-judge-rules/"}},"id":"6r82g661bb8000"},{"textContent":"

14 hours ago

Here’s What Jared Kushner Said About Gaza’s Waterfront Property—And Where It’s Been Said Before","scope":{"topStory":{"index":20,"title":"Here’s What Jared Kushner Said About Gaza’s Waterfront Property—And Where It’s Been Said Before","image":"https://specials-images.forbesimg.com/imageserve/65fb1943900f00c2905d63e0/290x0.jpg?cropX1=0&cropX2=4144&cropY1=0&cropY2=2332","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/20/heres-what-jared-kushner-said-about-gazas-waterfront-property-and-where-its-been-said-before/"}},"id":"69aih8ngr94000"},{"textContent":"

14 hours ago

Elon Musk Is Once Again The Richest Man In The US, Overtaking Jeff Bezos","scope":{"topStory":{"index":21,"title":"Elon Musk Is Once Again The Richest Man In The US, Overtaking Jeff Bezos","image":"https://specials-images.forbesimg.com/imageserve/65fb18328200070e27e2859b/0x0.jpg","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/anafa*guy/2024/03/20/elon-musk-is-once-again-the-richest-man-in-the-us-overtaking-jeff-bezos/"}},"id":"c534bfim3nog00"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

Dow Plunges Nearly 900 Points, S&P 500 Enters Bear Market Territory As Inflation Fears Roil Markets (2024)

FAQs

Why is the Dow Jones dropping? ›

Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 375.12 points, or 0.98%, to close at 38,085.80, weighed down by steep declines in Caterpillar and IBM .

Tell Me More ›

What do the Dow Jones and S&P 500 tell us? ›

The Dow tracks 30 large U.S. companies but has limited representation. The Nasdaq indexes, associated with the Nasdaq exchange, focus more heavily on tech and other stocks. The S&P 500, with 500 large U.S. companies, offers a more comprehensive market view, weighted by market capitalization.

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Is the S&P 500 in a bear market? ›

The benchmark's new record high close confirms that the S&P 500 ended a bear market when it closed on Oct. 12, 2022, and that it has been in a bull market since then, according to one measure. The S&P 500 had lost nearly 25% in a sell off between its last record high on Jan. 3 2022 and its low in October 2022.

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Is the Dow and S&P 500 are used to get a general idea of how the whole stock market is doing? ›

Key Takeaways

The DJIA tracks the stock prices of 30 of the biggest American companies. The S&P 500 tracks 500 large-cap American stocks. Both offer a big-picture view of the state of the stock markets in general.

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What causes the Dow to go up? ›

By this we mean that share prices change because of supply and demand. If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

Get More Info ›

What are the worst drops in Dow history? ›

Largest daily percentage losses

Rank	Date	Change
Rank	Date	%
1	1987-10-19	−22.61
2	2020-03-16	−12.93
3	1929-10-28	−12.82

17 more rows

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What's more important Dow or S&P? ›

The S&P 500: This index tracks 500 large US companies listed on stock exchanges. It offers a wider view of the stock market's performance than the Dow. The S&P 500 is also a market capitalization-weighted index, representing 500 of the largest companies listed on the US stock exchanges by market capitalization.

Find Out More ›

Which is better, Dow Jones or S&P 500? ›

Keep Reading ›

Why might an investor prefer the S&P 500 over the DJIA? ›

Because the S&P 5 0 0 is older and more established than the DJIA. Because the S&P 5 0 0 has a greater number of companies and covers a wider range of industries, providing a more diverse and representative sample of the market.

Learn More Now ›

At what age should you get out of the stock market? ›

There are no set ages to get into or to get out of the stock market. While older clients may want to reduce their investing risk as they age, this doesn't necessarily mean they should be totally out of the stock market.

Find Out More ›

Should I pull my money out of the stock market? ›

It can be nerve-wracking to watch your portfolio consistently drop during bear market periods. After all, nobody likes losing money; that goes against the whole purpose of investing. However, pulling your money out of the stock market during down periods can often do more harm than good in the long term.

Should you buy stock during a bear market? ›

One thing to keep in mind during bear markets is that you aren't going to invest at the bottom. Buy stocks because you want to own the business for the long term, even if the share price goes down a little more after you buy.