The Dow Has Lost Nearly 14% In A Volatile Month
Updated at 4:07 p.m. ET
The stock market has never seen a month like March. The Dow notched losses and gains of 1,000 points to as many as 3,000 points in a day in reaction to the coronavirus pandemic and its economic toll.
The Dow Jones Industrial Average has recovered from recent lows, but it's still down nearly 14% this month.
And the blue chip index is 26% below its recent peak in February. At its low on March 23, it was down a staggering 38% from the record high.
On Tuesday, the Dow closed down 410 points, or 1.8%. The S&P 500 fell about 1.6%, and the Nasdaq inched down about 1%.
The stock market has whipsawed throughout the month, making unheard-of moves in just a matter of hours and days. The volatility triggered several automatic, temporary trading halts on the the New York Stock Exchange.
But the market saw dramatic ups, too.
Copyright 2021 NPR. To see more, visit https://www.npr.org.