Business

US stock indexes drop sharply with Nasdaq plunging 4.18%

Jun 06, 2026

New York [US], June 6: US stock indexes closed sharply lower on Friday. The Dow Jones Industrial Average fell 695 points, or 1.35%, to slide to 50,866 points.
The tech-heavy Nasdaq Composite index plunged 1,121 points, or 4.18%, to drop to 25,709 points.
The S&P 500 index shed nearly 200 points to reach Client 7,383 points, representing a 2.65% decline and marking its steepest drop since April last year.
Source: Emirates News Agency

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Spark Capital PWM Wins Three Global Private Banking Innovation Awards 2026; Arpita Vinay Named Asia's Outstanding Wealth Management CEO

Mumbai (Maharashtra) [India], June 8: Spark Capital Private Wealth Management (Spark Capital PWM), one of India's fastest-growing wealth management firms, has been recognised with three prestigious awards at the Global Private Banking Innovation Awards 2026, held at the Capella Singapore. The awards recognise institutions and leaders that are redefining private banking and wealth management through innovation, client-centricity, leadership excellence, and differentiated value creation.

Jun 08, 2026