Around the World's Markets: New York

Saturday 20 March 1999 01:02 GMT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE MAGIC 10,000 is proving tough to hold: after spiking to 10,085 in early trading, the Dow was torpedoed by a big sell-off of IBM after Morgan Stanley cut its price target. The Dow ended down 94.07 points, or 0.94 per cent, at 9,903.55 on heavy volume amid Wall Street's "triple witching" - the expiration of futures and options contracts.

The S&P500 fell 17.26 points, or 1.3 per cent, to 1,299.27, and the Nasdaq Composite lost 41.64 points, or 1.7 per cent, to 2,421.32, its worst decline in a month.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Around the World's Markets: New York

Join our commenting forum

Thank you for registering