Stocks plunged again
Markets slid hard on March 27 — the Dow tumbled nearly 800 points while the S&P 500 lost about 1.74% and the Nasdaq fell roughly 2.38% as investors braced for more downside risk. Analysts are warning the market may not have bottomed yet and see fresh risks coming in April. (thestreet.com) (cnbc.com)
The Dow entered correction territory after falling more than 10% from its record high and closed at 45,166.64 on March 27. (cnbc.com (cnbc.com)) The CBOE Volatility Index (VIX) spiked 8.3% to 27.44 Friday, signaling a sharp rise in short‑term market fear. (ainvest.com (ainvest.com)) The benchmark 10‑year U.S. Treasury yield climbed to about 4.44%, its highest level since July 2025, putting extra pressure on growth and high‑multiple stocks. (marketwirenews.com (marketwirenews.com)) Brent crude topped $110 a barrel on Iran‑conflict supply concerns on Friday. (cnbc.com (cnbc.com)) The Energy Select Sector SPDR (XLE) was one of the few gainers, advancing roughly 1.6% as oil pushed higher. (ainvest.com (ainvest.com)) NVIDIA led the losers, sliding about 4.2% on the session and becoming the single largest drag on the Dow, while tech ETFs fell sharply — XLK down ~2.7% and XLC down ~3.5%. (financialcontent.com (financialcontent.com); ainvest.com (ainvest.com)) Friday’s decline extended the S&P 500’s longest weekly losing streak since 2022, according to market coverage that tracked the week’s persistent selling. (bloomberg.com (bloomberg.com)) Wall Street strategists warned a durable bottom remains unlikely and flagged a “new risk” arriving in April, a timing concern highlighted by analysts including Barclays in CNBC’s March 27 reporting. (cnbc.com (cnbc.com))
