Reported 2 months ago
On Monday, the stock market experienced significant declines, with the Dow Jones falling over 1,000 points and both the Nasdaq and S&P 500 also dropping sharply. Experts attribute the turmoil to a systematic unwind of long positions, especially in technology, spurred by greater fears of a recession following a disappointing jobs report. Analysts suggest that defensive trades, including municipal bonds and real estate, may be better positioned in the current economic climate, while some see opportunities in semiconductor stocks amid the sell-off.
Source: YAHOO