US, European Stocks Dip
The Dow Jones Industrial Average dropped 1.56%, shedding 739.42 points to finish at 46,677.85.
The Nasdaq Composite slid 1.78%, or 404.15 points, landing at 22,311.98, while the S&P 500 decreased 1.52%, losing 103.18 points to 6,672.62.
The Volatility Index (VIX), commonly called the market’s “fear index,” surged 12.63% to reach 27.29.
European stock markets also experienced declines on Thursday, with the pan-European Stoxx Europe 600 index falling 0.61% to close at 598.86 points.
The FTSE 100 in the UK slipped 0.47% to 10,305.15, Italy’s FTSE MIB 30 retreated 0.71% to 44,456.18, and France’s CAC 40 edged down 0.71% to 7,984.44.
Germany’s DAX 40 eased 0.21% to 23,589.65, while Spain’s IBEX 35 recorded the steepest drop, falling 1.22%.
Investor confidence turned increasingly wary as energy markets endured sharp swings amid mounting geopolitical strains.
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