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Tech stocks led the selloff, crypto dropped, oil fell and Treasury yields plunged to some of their lowest levels this year. The global gutpunch for markets began when Japanese stocks suffered...
The S&P 500 dropped 3% for its worst day in nearly two years. The Dow Jones Industrial Average reeled by 1,033 points, or 2.6%, while the Nasdaq composite slid 3.4% as Apple, Nvidia and other Big Tech companies that used to be the stars of the stock market continued to wilt.
U.S. stocks tumbled after markets, rattled by reports of a slowing American economy, recorded heavy declines in Asia and Europe. Here’s what to know about the market meltdown.
US markets sold off on the news: The Nasdaq had its worst day in five months and the Dow closed down almost a full point lower. The S&P lost 1.38%. Global stock markets also fell Wednesday.
“Stock markets are in turmoil and bond yields have plunged as fears about a U.S. recession have taken hold.” Driving the rout: Sharp declines in high-flying tech stocks including Nvidia, Apple,...
The market plunged again Friday, with the Dow closing down 600 points, the Nasdaq dropping 2.4% and the S&P off 6% from its recent all-time high. Market watchers pointed to three main culprits...
US stocks slipped on Monday and the 10-year Treasury yield (^TNX) jumped past 4% for the first time since August ahead of a week of key inflation data and the start of earnings season. The Dow...
US stocks lost steam on Wednesday after markets hit all-time highs, with the three major gauges closing mixed as investors debated the health of the economy and the chances of another jumbo rate...
The Dow closed more than 1,000 points lower and the other major U.S. stock indexes declined sharply today amid worries about slowing U.S. economic growth.
Slowdown fears are creeping back. The Dow Jones Industrial Average lost 626 points and Nasdaq slumped 3.3% after data out Tuesday showed signs of weakness in the manufacturing sector. ISM's...