U.S. stocks sank
U.S. stocks sank today on what was the New York Stock Exchange's busiest day since January 2021's meme stock mania.
It was short sellers who found a pot of gold this St. Patrick's Day: The Dow Jones Industrial Average fell 1.2%, falling 0.2% on the week. The S&P 500 fell 1.1%, but gained 1.4% on the week. The Nasdaq Composite fell 0.7%, holding on to a weekly gain of 4.4%.
Today also marked a triple-witching day, which describes a quarterly event when stock options, stock index options, and stock index futures contracts expire on the same day.
About 9.35 billion shares traded on the New York Stock Exchange, which made for its largest-volume day since Jan. 27, 2021, according to Dow Jones Market Data. Total composite volume, which also includes the Nasdaq, NYSE American, and NYSE Arca composite volumes, was 19.92 billion shares traded. That's the highest total composite mark since June 24, 2022.
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- KongSH·03-18thank youLikeReport