Mumbai, Feb. 24 -- The Dow plunged 748.63 points (1.7%) to 43,428.02, the Nasdaq dove 438.36 points (2.2%) to 19,524.01 and the S&P 500 slumped 104.39 points (1.7%) to 6,013.13.
the University of Michigan released a report showing consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of February post which the Wall Street came on a sell-off. It's consumer sentiment index for February was downwardly revised to 64.7 from a preliminary reading of 67.8. Economists had expected the index to be unrevised.
UnitedHealth (UNH) dropped steeply by 7.2% which weighed on the Dow. It plunged after the report from Wall Street Journal released which said that the Justice Department has launched an investigation...
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