Late-Day Rally Trims NASDAQ Losses with Major Indices Lower

Tuesday, 5 March 2024, 21:28

The major US stock indices closed lower on the day, with the NASDAQ leading the decline. At session lows, the NASDAQ was down -344.8 points, but a late-day rally helped trim losses. Key indices like Dow Industrial Average, S&P index, and Russell 2000 also faced declines before the NASDAQ rally. After hours earnings from CrowdStrike and Ross Stores showed strong beats and positive outlooks.
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Late-Day Rally Trims NASDAQ Losses with Major Indices Lower

US Stock Indices Close Lower Led by NASDAQ

The major US stock indices saw a lower close for the day, with the NASDAQ leading the decline. A late-day rally helped reduce some of the losses incurred at session lows.

Closing Levels:

  • Dow Industrial Average: -404.64 or -1.04% at 38585.20 (session low -532.01)
  • S&P Index: -52.30 or -1.02% at 5078.64 (session low -74.12)
  • NASDAQ Index: -267.93 or -1.65% at 15939.58 (session low -344.8)
  • Russell 2000: -20.601 or -0.99% at 2053.70 (session low -26.17)

The late-day rally saw positive movements in NVIDIA and Super Micro Computers shares. After-hours earnings from CrowdStrike and Ross Stores revealed strong results and outlook.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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