Stock Market Today: Dow tumbles 1%, S&P 500 and Nasdaq drop as Brent crude edges toward $100 a barrel and pharma stocks stumble - MarketWatch — SkimNews
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- Dow Jones tumbled approximately 1% — opening 0.86% lower — while the S&P 500 and Nasdaq also declined in the same session.
- Brent crude's push toward $100 a barrel and a stumble in pharma stocks were the two pressure points named alongside the broad equity selloff.
Why it matters: A broad US equity selloff — Dow off roughly 1%, with the S&P 500 and Nasdaq also lower — coincided with Brent crude pushing toward $100 a barrel and a distinct stumble in pharmaceutical shares, hitting stocks from two directions at once.
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