Dow Drops 500 Points, Marks Worst Week in a Year Amid Tensions

The Dow Jones Industrial Average experienced significant volatility, closing 500 points lower in its fourth consecutive losing session. This downturn marks the Dow's worst four-day drop since October and its biggest one-day percentage drop since March 22, 2023. The index also traded below its 50-day moving average for the first time since November 2, 2023, indicating a notable shift in market sentiment. This stock market rout has been attributed to intensifying geopolitical tensions, contributing to the Dow's worst week in a year despite a gain on Friday.