
US markets Today: Dow slumps over 400 points, Nasdaq slides after data shows economy contracted last quarter
US markets opened in the red Tuesday morning, reacting to fresh economic data that showed the economy unexpectedly contracted in the first quarter of 2025. Investor sentiment soured sharply, sending major indexes tumbling.As of 9:33 AM EDT, the Dow Jones Industrial Average (DJIA) dropped 422.94 points to 40,104.68, down 1.04per cent . The Nasdaq Composite…