tradingkey.logo

US STOCKS SNAPSHOT-Wall Street tumbles at the open as US economy contracts in first quarter

ReutersApr 30, 2025 1:32 PM

- Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.

The Dow Jones Industrial Average .DJI fell 237.2 points, or 0.59%, at the open to 40,290.41. The S&P 500 .SPX fell 61.4 points, or 1.10%, at the open to 5,499.44​, while the Nasdaq Composite .IXIC dropped 361.3 points, or 2.07%, to 17,099.977 at the opening bell.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI