New york: Major U.S. stock indices fell significantly Monday, while West Texas Intermediate (WTI) crude oil held steady at $58.81 per barrel.
According to Jordan News Agency, ahead of the market close, the Dow Jones Industrial Average dropped by about 600 points, a decline of roughly 1.4 percent. The Nasdaq, focused on heavy technology stocks, fell over 250 points, or 1.3 percent, while the S and P 500 lost more than 80 points, a decrease of 1.25 percent.
These declines reflect investor concerns and market volatility as trading progressed throughout the day. Despite the downturn in stock indices, WTI crude oil prices maintained stability at $58.81 per barrel, providing a contrast to the movement in equity markets.