TELETRADER News
1/28, 1:47 PM (Source: TeleTrader)
more TeleTrader news

US plunges premarket as Dow drops 400 points

Stocks in the United States are set to end the week with another volatile day as they plummeted again premarket on Friday. The earnings season continued with quarterly reports from Chevron, Caterpillar, and Colgate. Following the releases, Chevron and Caterpillar dropped 4.15% and 2.44% respectively. Meanwhile, Robinhood crashed 14.56% premarket after its figures were released yesterday.

The Dow Jones lost as much as 400 points and traded 1.09% lower at 7:49 am ET, as the Nasdaq 100 fell by 1% or over 100 points. At the same time, the S&P 500 declined by 1.14%.

The euro traded just 0.06% lower compared to the dollar at 7:50 am ET, going for 1.11362.

Baha Breaking the News (BBN) / DJ