Reported about 6 hours ago
The Nasdaq 100 Index experienced its worst day since 2022, plummeting 3.8% and erasing over $1 trillion in market value amid growing recession fears. Major tech stocks, including Tesla and Nvidia, saw significant losses, with Tesla's value dropping by 15%. Investor sentiment has shifted towards more defensive sectors, ignited by alarming comments from Trump administration officials about the economy's trajectory.
Source: YAHOO