Major indices of the U.S. New York stock market closed lower across the board on the morning of the 7th, Korean time. The decline in the Dow Jones Industrial Average was the most pronounced, while indices representing large-cap, technology, and small- to mid-cap stocks also recorded weakness in tandem.

■ Dow Plunges Over 460 Points On this day, the Dow Jones Industrial Average closed at 53,885.16, down 463.96 points (0.85%) from the previous trading day. It attempted an upward trend during the session, rising to as high as 54,502.87, but selling pressure gained momentum, reversing the trend. The intraday low was 53,835.02.

■ S&P 500 Fails to Turn Positive The S&P 500 index closed at 7,709.98, down 13.57 points (0.18%). After reaching an intraday high of 7,742.85, it failed to sustain the upward momentum and fell to 7,698.15. Although it partially recovered its losses afterward, it could not pull the closing price into positive territory.

■ Nasdaq Posts Limited Decline Near the Unchanged Line The tech-heavy Nasdaq Composite Index finished trading at 26,348.35, down 15.09 points (0.06%). During the session, it fluctuated between 26,499.42 and 26,208.43. Compared to other major indices, its decline was the smallest, showing a movement practically near the unchanged line.

■ Russell 2000 Falls Below the 3,000 Mark During the Session The Russell 2000 index, which tracks small- and mid-cap stock trends, closed at 3,001.85, down 17.34 points (0.57%). While it rose to as high as 3,033.50 during the session, it dropped to as low as 2,999.28, dipping below the 3,000 mark.

■ Profit-Taking Pressure Near Highs Confirmed... Focus on Future Variables Although all four indices closed lower today, the magnitude of the declines varied. While the Dow and Russell 2000 experienced relatively steep declines, the S&P 500 and Nasdaq saw only limited corrections. In particular, the Nasdaq narrowed its closing loss to 0.06%, despite moving within a relatively wide range during the session.

Despite an upward trend appearing in the early part of the session, the fact that major indices uniformly turned lower confirms profit-taking pressure near recent highs. Market attention is expected to focus on upcoming U.S. economic indicators, Treasury yield movements, and individual corporate earnings and forecasts.

[This article is market information written based on provided market data and does not recommend investment in or trading of any specific financial product. All investment decisions and their consequences are the sole responsibility of the investor. This article was written with AI assistance.]