Wall Street plunged on Thursday, the dow had its worst loss since October 1987 “Black Monday.” Gold bears benefited from a more than 3% drop in gold!
The Dow Jones Industrial Average .DJI fell 2,352.6 points, or 9.99%, to 21,200.62, the S&P 500 .SPX lost 260.74 points, or 9.51%, to 2,480.64 and the Nasdaq Composite .IXIC dropped 750.25 points, or 9.43%, to 7,201.80.
All 11 major sectors of the S&P 500 closed sharply lower.
Suggested reading! Read 3 SAFE ETFs during a stock market crisis!