Stock Market Today: Dow Surrenders 809 Points as Q1 Earnings Roll In

The Nasdaq, meanwhile, suffered its biggest one-day percentage loss since September 2020.

red arrow going down with ticker board in background
(Image credit: Getty Images)

U.S. stocks opened the day in negative territory and losses accelerated as the session wore on.

Earnings remained in focus, and several of today's reactions were negative. General Electric (GE), for instance, spiraled downward 10.3% after its results. While the industrial conglomerate beat on the top and bottom lines in its first quarter, CEO Lawrence Culp warned the company is "trending toward the low end" of its full-year guidance as it continues "to work through inflation and other evolving pressures."

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.