The Nasdaq Composite Index fell at the open on Thursday, falling more than 20% from its record high in November last year and on track to confirm a bear market, after Russia launched an all-out invasion of Ukraine.
The Dow Jones Industrial Average fell 301.43 points, or 0.91%, to open 32,830.33, falling more than 10% from its all-time closing peak on January 4 and on momentum confirming a correction.
The S&P 500 opened 69.73 points, or 1.65%, down at 4,155.77, while the Nasdaq Composite fell 449.61 points, or 3.45%, to 12,587.88.
A correction and a bear market are confirmed when an index closes 10% and 20% or more below its record closing level, respectively.
This story has been published without modification in text from a wire agency feed. Only the title has been changed.
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