Stock Market Today: Nasdaq Sinks 350 Points; Google Stock's Tumble in Focus — Live Updates - WSJ — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Nasdaq sank 350 points as WSJ’s live coverage put Alphabet’s stock tumble at the center of the session.
- Alphabet was headed for a $500 billion market-value drop, which Yahoo Finance called the biggest in its history; The Motley Fool also put its stock decline at 12%.
Why it matters: Alphabet’s 12% stock decline is paired with a reported $500 billion market-value loss, described as the company’s biggest ever. For shareholders, the dollar figure makes the scale explicit, while the Nasdaq’s 350-point drop provides the broader market measure for the session.
Ask SkimNews