U.S. Stock Indexes Close Lower as S&P 500 Falls 0.93%, Dow Drops 0.96%, Nasdaq Declines 1.6%

On October 23, 2024, U.S. stock indexes experienced significant declines. The S&P 500 unofficially closed down 54.17 points, or 0.93%, at 5,797.03. The Dow Jones Industrial Average dropped 414.22 points, or 0.96%, to 42,510.67. The Nasdaq Composite fell 1.6% to close at 18,505.83. Earlier in the day, the indexes had extended their losses, with the Nasdaq down as much as 2%. These declines come as investors continue to monitor U.S. Treasury yields and corporate earnings reports. The S&P 500 closed 0.9% lower.