Stock Market Overview: Here is How the Top 16 Indices Are Performing
The markets faced significant sell-offs during the past 24 hours, with many major indices experiencing sharp declines.
Its is important to mention that all the information about the stock market is based on data from Investing.com at the time of writing (10:50 UTC, 7th of April).
Now let’s break down the performance for some of the world’s most closely watched stock market indices:
1. Dow Jones Industrial Average (DJIA)
The Dow Jones dropped by 2,231.07 points, closing at 38,314.86. This represents a 5.50% decrease, hitting a low of 38,264.87 and a high of 40,097.90. The decline marked a tough session for the index, reflecting broader market sentiment.
2. S&P 500
The S&P 500 fell by 322.44 points, ending the day at 5,074.08, a 5.97% drop. The index traded within a range from 5,069.90 to 5,292.14, highlighting considerable volatility during the session.
3. Nasdaq
The Nasdaq Composite dropped by 962.82 points, closing at 15,587.79, a 5.82% decrease. The tech-heavy index hit a high of 16,128.16 and a low of 15,575.68, underscoring the significant losses in the technology sector.
4. Small Cap 2000
The Russell 2000, representing smaller companies, saw a drop of 83.52 points, ending at 1,827.03, a 4.37% fall. This was a substantial decline, indicating the risk-off sentiment impacting smaller-cap stocks.
5. S&P 500 VIX (Volatility Index)
The VIX, often referred to as the “fear gauge,” rose by 2.14 points to 47.45, an increase of 4.72%. The rise in the VIX highlights the increased market volatility and investor uncertainty during this period.
6. S&P/TSX
The Canadian S&P/TSX Composite dropped 1,142.30 points, closing at 23,193.47, a 4.69% decline. The index saw a high of 24,118.23 and a low of 22,988.29, reflecting broad-based weakness.
7. Bovespa (Brazil)
Brazil’s Bovespa Index fell by 3,885 points, closing at 127,256, a 2.96% decrease. The Brazilian market was no exception to the global sell-off, with the index trading in a range of 126,466 to 131,139.
8. S&P/BMV IPC (Mexico)
Mexico’s S&P/BMV IPC dropped 2,636.55 points, ending at 51,452.73, a 4.87% fall. This decline followed a volatile session with a high of 53,818.02 and a low of 51,175.01.
9. MSCI World
The MSCI World Index, representing global stocks, fell by 43.20 points, closing at 3,283.08, a 1.30% decrease. This suggests the pullback was widespread across global markets.
10. DAX (Germany)
Germany’s DAX saw a 774.27-point drop, closing at 19,930.75, a 3.74% decline. The index traded between 18,813.25and 19,930.75, highlighting a significant retreat in European equities.
11. FTSE 100 (UK)
The UK’s FTSE 100 index lost 283.73 points, ending at 7,771.25, a 3.52% drop. It reached a high of 7,782.00 and a low of 7,538.25, showing a sharp fall in British stocks.
12. CAC 40 (France)
The French CAC 40 index fell 270.35 points, closing at 7,004.60, a 3.72% decrease. The index traded between 6,763.76and 7,004.60, reflecting a broad downturn in European markets.
13. Euro Stoxx 50
The Euro Stoxx 50, a leading index for the Eurozone, dropped 179.16 points, closing at 4,699.15, down 3.67%. The index saw a range from 4,515.25 to 4,700.15 during the session.
14. AEX (Netherlands)
The AEX index, representing Dutch stocks, fell 37.16 points, closing at 804.13, a 4.42% decline. The index traded in the range of 784.66 to 804.13, reflecting a broader market sell-off.
15. IBEX 35 (Spain)
Spain’s IBEX 35 saw a 475.60-point decline, closing at 11,955.00, a 3.83% drop. The index traded between 11,316.46and 11,958.00.
16. FTSE MIB (Italy)
The Italian FTSE MIB index dropped 1,474.22 points, closing at 33,175.00, down 4.25%. The index saw a range from 31,471.00 to 33,180.00, indicating heavy losses in Italian equities.
Conclusion
The 24-hour performance across global indices was largely negative, reflecting the ongoing volatility in the financial markets. Investors are facing a challenging environment, with major declines observed in the U.S., European, and Latin American markets. The rise in the VIX (Volatility Index) suggests that uncertainty and fear are driving much of the market’s behavior, and it remains to be seen how long this trend will persist.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
