Reported 2 days ago
On August 1, 2025, major U.S. stock indexes including the S&P 500, Dow Jones, and Nasdaq closed sharply lower, driven by fears of economic slowdown due to new tariffs and disappointing labor market reports. The S&P 500 fell by 1.60%, the Dow Jones decreased by 1.23%, and the Nasdaq dropped by 1.96%, as investors reacted to signs of weakness in employment and manufacturing sectors. Geopolitical tensions also contributed to market volatility, although declining bond yields indicated increased expectations for Federal Reserve interest rate cuts.
Source: YAHOO