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Sell-off on Wall Street gains steam, the S&P 500 shed 2.1% and Dow Jones losing 700 points

Eduardo Sifuentes
Finance, U.S., VIP News
March 28, 2025
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preCharge News BUSINESS — Stocks sold off Friday, pressured by growing uncertainty on U.S. trade policy as well as a more grim outlook on inflation.

The Dow Jones Industrial Average dropped 736 points, or 1.7%. The S&P 500 shed 2.1%, while the Nasdaq Composite plunged 2.9%.

Shares of several technology giants dropped, putting pressure on the broader market. Google-parent Alphabet and Amazon lost about 5% each, while Microsoft and Meta each shed more than 3.5%.

Those losses put the S&P 500 and Nasdaq on pace for their fifth weekly decline in six weeks. The S&P 500 was down more than 1% for the week, while the Nasdaq had lost over 2%. The Dow was headed for a 0.8% decline.