India, July 23 -- US stock markets are trading sharply lower on July 23, 2026, as a heavy selloff in Big Tech shares joins a massive surge in global oil prices. The tech-heavy Nasdaq Composite led the losses, sliding 1.98% to 25,181.89. The benchmark S&P 500 fell 1.01% to 7,423.10, while the blue-chip Dow Jones Industrial Average dropped 1.05% to 51,670.52.

U.S. Market Snapshot

Nasdaq Composite (.IXIC): Down 1.98% to 25,182.29.

S&P 500 (.INX): Down 1.05% to 7,419.90.

Dow Jones Industrial Average (.DJI): Down 0.96% to 51,718.46.

US Stock Market: Dow Jones Today

The Dow Jones Industrial Average dropped sharply today, losing 548.06 points or 1.05% to trade at 51,670.52. Corporate earnings anxieties and escalating macroeconomic pressure...