Reported 2 months ago
The U.S. stock market experienced a significant decline on Monday, with the Dow Jones Industrial Average plummeting over 800 points as worries about the economy grew following a disappointing jobs report and a global sell-off. The Nasdaq Composite and S&P 500 also suffered substantial losses of nearly 3% and 2.5% respectively. Key tech stocks, including Nvidia and Apple, faced steep declines, while concerns escalated across global markets, particularly after Japan's Nikkei 225 index recorded its largest daily drop ever. Investor sentiment remains cautious amid anticipation of Federal Reserve interest rate cuts.
Source: YAHOO