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US markets experience significant declines on Thursday – Nasdaq Composite leads the changes
The December 17 trading session brought a clear weakening in major US indices. The Nasdaq Composite recorded the largest decline – down by 418.14 points, a decrease of 1.81%, reaching 22,693.32 points. This was a more aggressive downward move compared to other benchmarks.
The S&P 500 index fell by 78.75 points, or 1.16%, ending the day at 6,721.51 points. The movements were noticeable, though slightly less dynamic than in the tech index.
Meanwhile, the Dow Jones experienced moderate selling pressure – the index lost 228.29 points, translating to a decrease of 0.47%, closing at 47,885.97 points. So, a small holiday puzzle for the S&P 500 and Nasdaq, where losses were quite pronounced, while blue chips showed greater resilience.
According to Golden Ten data, the session clearly showed a divergence between the technology sector and the broader market, where most selling pressure was concentrated on growth stocks.