Reported 2 months ago
The stock market experienced a significant sell-off on Monday, driven by fears over the U.S. economy's health, with the Dow Jones Industrial Average plunging more than 800 points and the Nasdaq dropping nearly 4%. The market is reeling from a lackluster jobs report and fears that the Federal Reserve may be too slow in cutting interest rates. Several major companies, including Apple and Nvidia, saw substantial declines, while global markets echoed similar trends, particularly after a surprising interest rate hike from the Bank of Japan led to a spike in the Japanese Yen.
Source: YAHOO