Why did the US stock market tumble and wipe out $4 trillion? What does it mean for the global economy?
2 weeks ago

Why did the US stock market tumble and wipe out $4 trillion? What does it mean for the global economy?

Firstpost  

The US stock market wiped out $4 trillion in value on Monday as the S&P 500 fell 2.7 per cent, nearing a nine per cent drop from its all-time high. The Dow Jones plunged 890 points, while the Nasdaq skidded four per cent, driven largely by investor fears over President Donald Trump’s escalating tariff policies Financial news is displayed as people work on the floor at the New York Stock Exchange in New York, US, March 4, 2025. Companies like Nvidia, which had soared over 820 per cent from 2023 to 2024, saw their stock value plunge by 5.1 per cent on Monday, pushing their year-to-date losses to more than 20 per cent. Japan’s Nikkei 225 fell by 1.7 per cent, Australia’s S&P/ASX 200 dipped by 0.9 per cent, and South Korea’s Kospi dropped by 1.5 per cent.

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History of this topic

US stock market opening: Wall Street opens lower as tariff concerns resurface
5 days, 13 hours ago

US stock market opening: Wall Street opens lower as tariff concerns resurface

India Today  

Wall Street's main indices started the day in the red as concerns over US tariffs resurfaced, despite the Fed’s cautious economic outlook and policy stance. On the other hand, the Dow Jones Industrial Average fell 244.44 points, or 0.57%, to 41,727.18 and the Nasdaq Composite.IXIC lost 162.59 points, or 0.95%, to 17,585.75. Microchip Technology Inc. and Charles River Laboratories International …

Wealthy Americans, middle-class citizens to cut spending, impacting consumption: Is it the Trump effect?
1 week, 1 day ago

Wealthy Americans, middle-class citizens to cut spending, impacting consumption: Is it the Trump effect?

Firstpost  

Shoppers are cutting back on spending, rattled by market volatility and Trump’s escalating trade wars. Their spending surged by 58 per cent over the past four years, partly powered by stock market gains. The rise of retail investing means that a record 43 per cent of American households’ financial assets were in stocks at the end of last year, according …

Global markets today: Wall Street sees a strong recovery after stock market crash. Is it a dead cat bounce?
1 week, 1 day ago

Global markets today: Wall Street sees a strong recovery after stock market crash. Is it a dead cat bounce?

Live Mint  

Global markets today: Wall Street indices posted strong gains on Friday as investors seized buying opportunities following the recent US stock market downturn. According to Soumya Kanti Ghosh, Group Chief Economic Adviser at State Bank of India, long trends indicate a possible downturn in US GDP growth along with a slowdown in US exports and consumption. Ghosh, however, warned, "This …

Why are Trump supporters claiming he wants to crash the US stock market?
1 week, 1 day ago

Why are Trump supporters claiming he wants to crash the US stock market?

Al Jazeera  

Some MAGA followers are spreading an unsubstantiated theory related to the cost of the US national debt. There are several unsubstantiated theories about why Trump might want to crash the stock market, but chief among them is that he is trying to make it easier to pay off the US’s $36 trillion national debt by lowering interest rates. Some Trump …

S&P 500 enters correction territory, joins Nasdaq as trade tensions mount. Is a bear market next?
1 week, 4 days ago

S&P 500 enters correction territory, joins Nasdaq as trade tensions mount. Is a bear market next?

Live Mint  

The ongoing sell-off in the U.S. markets intensified further on Thursday, sending the S&P 500 into correction territory after U.S. President Donald Trump threatened to impose 200% tariffs on wine, champagne, and other alcoholic products from France and other European Union countries in retaliation for the bloc’s 50% tariff on whiskey. Escalating trade tensions, fueling fears of a potential U.S. …

The Wall Street Slump: How can Indian investors protect their US stocks portfolio?
1 week, 4 days ago

The Wall Street Slump: How can Indian investors protect their US stocks portfolio?

Live Mint  

The US stock markets are facing a significant selloff, with the S&P 500 falling from a record high, touched three weeks ago, into the 10% correction territory. Investors are worried that the escalating tariff war being waged by the United States could flare up inflation and tip the economy into recession, sending US stock indices lower. Indian investors in a …

US stock market crash: Wall Street ends lower as trade war escalates; S&P 500 slips into correction territory
1 week, 4 days ago

US stock market crash: Wall Street ends lower as trade war escalates; S&P 500 slips into correction territory

Live Mint  

US stock market ended sharply lower on Thursday, with the benchmark S&P 500 confirming it is in a correction, amid fears for inflation and recession in the world’s largest economy due to the escalating tariff war. All three major US stock indexes closed lower, as broad selloff in tech and tech-related megacap shares dragged the Nasdaq nearly 2%. The Dow …

Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war
1 week, 5 days ago

Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war

LA Times  

Wall Street’s sell-off hit a new low Thursday after President Trump’s escalating trade war dragged the S&P 500 more than 10% below its record. Wall Street’s sell-off hit a new low Thursday after President Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month. Trump’s latest escalation came Thursday when …

Nasdaq, S&P, Dow Jones down for 2nd straight day: Why are the markets falling?
1 week, 6 days ago

Nasdaq, S&P, Dow Jones down for 2nd straight day: Why are the markets falling?

Hindustan Times  

Stock markets in the US, which usually dictate how global markets perform, have been recording declines continously since Friday, March 7. Donald Trump's tariff policies Global markets are facing rising uncertainties over US President Donald Trump's tariffs policies, which have begun tariff wars with multiple countries. According to a Barrons report, due to the to the impact of tariffs on …

Is Trump taking a ‘liquidationist’ approach to the economy?
1 week, 6 days ago

Is Trump taking a ‘liquidationist’ approach to the economy?

Live Mint  

During President Trump’s first term, stocks rode high on the belief that he would always pull back on policies that led to a selloff. Indeed, such views edge close to the “liquidationist" approach historically espoused by laissez-faire economists, and most infamously associated with former President Herbert Hoover’s Treasury secretary who advised him to let the economy fall. Trump and his …

ANDREW NEIL: How team Trump's trying to spin his disastrous economic crash... and the dire consequences for us all
Trending News
1 week, 6 days ago

ANDREW NEIL: How team Trump's trying to spin his disastrous economic crash... and the dire consequences for us all

Daily Mail  

Not content with undermining NATO, the greatest democratic alliance for peace and prosperity in world history, and increasingly siding with Russia in Ukraine’s struggle for survival in the face of dictator Putin’s barbaric onslaught, President Trump now seems determined to take a wrecking ball to the mighty US economy. And stung by Ontario’s threat to cut off its electricity supply …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

Stock market slumps as Trump's trade war grows
2 weeks ago

Stock market slumps as Trump's trade war grows

Salon  

Between an escalating trade war, a slowed labor market and President Trump’s declining to rule out an imminent recession, the stock market has seen better days. The slide followed Trump's appearance on Fox News' "Sunday Morning Futures," where he said recent economic red flags indicate a “period of transition.” “Look, we’re going to have disruption,” Trump said, “but we’re OK …

Trump tariffs, recession fears slam US markets, wiping out $4 trillion in value
2 weeks ago

Trump tariffs, recession fears slam US markets, wiping out $4 trillion in value

India Today  

President Donald Trump's tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out USD 4 trillion from the S&P 500's peak last month, when Wall Street was cheering much of Trump's agenda. The S&P 500 on Monday closed down 8.6 per cent from its February 19 record high, shedding over USD …

Why Trump’s tariff chaos sparked stock market meltdown and recession fears
2 weeks ago

Why Trump’s tariff chaos sparked stock market meltdown and recession fears

Al Jazeera  

Donald Trump has downplayed the stock market volatility which followed flip-flops over his trade policies. United States stock markets plummeted on Monday amid fears that President Donald Trump’s tariff policies might drive the world’s largest economy into recession. The market selloff comes as Trump’s back-and-forth tariff announcements have unnerved investors and stoked fears that the US economy could be headed …

‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks
2 weeks ago

‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks

Al Jazeera  

The United States’ stock market has shed more than $1.7 trillion in value after US President Donald Trump declined to rule out the possibility the economy could enter a recession this year. ‘Indecisiveness, confusion and mixed messaging’ New York Stock Exchange trader Peter Tuchman described Monday’s trading session as a “bloodbath”. “We had a roller coaster last week, we had …

‘Chilling’: Trump White House blames Biden amid recession alarms and market nosedive
2 weeks ago

‘Chilling’: Trump White House blames Biden amid recession alarms and market nosedive

Raw Story  

It’s Monday, March 10, and Donald Trump has been president for 50 days. While Congressional Republicans will likely need some Democratic votes, and it’s unclear how many, if any, they can count on, some political commentators are warning that Speaker Johnson is “devising a trap for congressional Democrats.” You would not know any of this if you just walked through …

Stocks plunge further amid Trump's downplay of 'period of transition' for economy
2 weeks ago

Stocks plunge further amid Trump's downplay of 'period of transition' for economy

Raw Story  

President Donald Trump warned there would be a "period of transition" amid his trade war with Mexico, Canada and China. "The S&P 500 fell more than 3% and the Nasdaq Composite tumbled nearly 5% as shares of big tech companies extended their selloff," the Wall Street Journal reported. "The risks of higher inflation as a result of a broader tariff …

Stocks' Sell-off Worsens As Wall Street Wonders How Much Pain Trump Will Accept For The Economy
Trending News
2 weeks ago

Stocks' Sell-off Worsens As Wall Street Wonders How Much Pain Trump Will Accept For The Economy

Huff Post  

LOADING ERROR LOADING NEW YORK — The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants. It was the worst day yet in a scary stretch where the S&P 500 has swung more than …

Recession ahead? Why the US economy is on shaky ground under Trump
2 weeks ago

Recession ahead? Why the US economy is on shaky ground under Trump

Firstpost  

The US economy is facing growing recession fears as key indicators signal trouble ahead. There’s going to be no recession in America.” Lutnick also defended Trump’s aggressive trade policies, arguing that they would ultimately benefit the US economy by “unleashing American wealth across the world.” What role do tariffs and spending cuts play? Goldman Sachs recently raised its recession probability …

Cracks are forming in America’s economy. Trump is a big reason why
2 weeks, 1 day ago

Cracks are forming in America’s economy. Trump is a big reason why

CNN  

CNN — America’s nearly five-year economic boom is starting to show its age. Tariffs — particularly the on-again, off-again nature of Trump’s dictates — are sowing confusion for businesses, consumers and investors alike, and they’re stoking concerns about inflation at a time when consumer prices have been stubbornly on the rise again. Consumer confidence in February registered its biggest monthly …

Dow falls by almost 900 points in market rout after Trump says he won’t rule out a recession
2 weeks, 1 day ago

Dow falls by almost 900 points in market rout after Trump says he won’t rule out a recession

CNN  

New York CNN — US stocks plunged, bitcoin stumbled and Wall Street’s fear gauge hit its highest level this year as concerns about President Donald Trump’s economic policy led to a widespread market selloff on Monday. “President Trump’s comments not necessarily taking a recession off the table unnerved investors who were already unnerved,” said Anthony Saglimbene, chief market strategist at …

US markets open lower day after Trump declines to rule out recession
2 weeks, 1 day ago

US markets open lower day after Trump declines to rule out recession

India Today  

The US stock market’s sell-off is worsening Monday as Wall Street questions how much pain President Donald Trump is willing for the economy to endure in order to get what he wants. It takes a little time.” Trump says he wants to bring manufacturing jobs back to the United States, among other reasons he’s given for tariffs. He sees a …

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
Trending News
2 weeks, 3 days ago

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

Associated Press  

WASHINGTON — With his flurry of tariffs, government layoffs and spending freezes, there are growing worries President Donald Trump may be doing more to harm the U.S. economy than to fix it. In an interview to air Sunday on Fox News’ “Sunday Morning Futures,” Trump was pressed to provide some clarity on his tariffs agenda that has caused uncertainty to …

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED
Trending News
2 weeks, 5 days ago

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED

Live Mint  

Trump tariffs impact: Wall Street's main indexes edged up on Wednesday, after better-than-expected services data allayed worries of a slowdown in the U.S. economy, while investors awaited a potential softer approach from President Donald Trump on trade policy. The S&P 500 was basically unchanged in morning trading after losing 6% since setting its all-time high last month and returning to …

Wall Street today: S&P 500 wipes out all gains since Election Day, Nasdaq down 10% from record high amid trade war fears
2 weeks, 6 days ago

Wall Street today: S&P 500 wipes out all gains since Election Day, Nasdaq down 10% from record high amid trade war fears

Live Mint  

Wall Street Today: US stocks tumbled on Wall Street on Tuesday, March 4, after fears of a potential trade war between the US and its key trading partners escalated and threatened to wipe out all the gains for the S&P 500 index since Election Day. Major indexes were sharply lower on Tuesday, with the Nasdaq Composite index down 10 per …

US stock market: Wall Street indices sink as Trump confirms tariffs on Mexico, Canada
3 weeks ago

US stock market: Wall Street indices sink as Trump confirms tariffs on Mexico, Canada

Firstpost  

The Dow Jones Industrial Average fell 1.5 per cent to 43,191.24, while the S&P 500 lost 1.8 per cent to close at 5,849.72. The Nasdaq Composite saw a steeper decline, dropping 2.6 per cent to 18,350.19 A Wall Street sign hangs in front of a US Flag outside the New York Stock Exchange in New York City, US, September 18, …

America faces a Trumpian economic slowdown
3 weeks, 1 day ago

America faces a Trumpian economic slowdown

Live Mint  

“The golden age of America begins right now." In the six weeks since that chilly day, investors and economists have started to grapple with a less upbeat possibility: that his arrival in the White House is both causing and coinciding with a period of weakness for America’s economy. Even if Mr Trump again delays imposing levies on Canada and Mexico, …

Dow drops nearly 650 points as worries build about the economy after Trump’s latest tariff announcement
3 weeks, 1 day ago

Dow drops nearly 650 points as worries build about the economy after Trump’s latest tariff announcement

LA Times  

The Standard & Poor’s 500 index dropped 1.8% after Trump said there was “no room left” for negotiations that could lower the tariffs set to begin Tuesday for imports from Canada and Mexico. U.S. stocks tumbled Monday and wiped out out even more of their gains since President Trump ’s election in November, after he said that tariffs announced earlier …

Trump triggers market turmoil in US and elsewhere
3 weeks, 6 days ago

Trump triggers market turmoil in US and elsewhere

Firstpost  

Markets were rattled after Trump signalled he would move forward with a 25% levy on imports from Canada and Mexico starting in early March. The announcement fuelled concerns that US economic momentum may be slowing When Donald Trump’s victory in the November 5 US elections was announced, the surge on Wall Street was attributed to the “Trump effect”. Global stock …

Trump triggers market turmoil in US and elsewhere
3 weeks, 6 days ago

Trump triggers market turmoil in US and elsewhere

Firstpost  

Markets were rattled after Trump signalled he would move forward with a 25% levy on imports from Canada and Mexico starting in early March. The announcement fuelled concerns that US economic momentum may be slowing US President Donald Trump at CPAC in Maryland. Global stock markets stutter Global stock markets tumbled Tuesday, with technology shares taking the hardest hit, after …

Since Trump took office, stocks are down and bitcoin has plunged. What’s going on?
1 month ago

Since Trump took office, stocks are down and bitcoin has plunged. What’s going on?

CNN  

New York CNN — Investors entered the New Year cheerful about the prospects of a business- and crypto-friendly Trump administration. The S&P 500 has closed lower three sessions in a row, and all three major US stock indexes are in the red since Trump took office on January 20. As investors brace for uncertainty, they are likely moving away from …

U.S. Stocks Tumble As Companies And Consumers Worry About Washington
1 month ago

U.S. Stocks Tumble As Companies And Consumers Worry About Washington

Huff Post  

LOADING ERROR LOADING NEW YORK — U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services businesses, and many in the survey reported slumping optimism because of worries about Washington. “Companies report …

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs
1 month ago

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs

Associated Press  

NEW YORK — U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services businesses, and many in the survey reported slumping optimism because of worries about Washington. “Companies report widespread concerns about …

U.S. stocks tumble amid worries about tariffs and Washington. Dow falls nearly 750 points
1 month ago

U.S. stocks tumble amid worries about tariffs and Washington. Dow falls nearly 750 points

LA Times  

U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Trump’s policies may be hitting the U.S. economy. The preliminary report from S&P Global said activity unexpectedly shrank for U.S. services businesses, and many in the survey reported slumping optimism because of worries about Washington. “Companies report widespread concerns about the impact of federal …

Planes crash, markets plunge: Look who is blaming Trump’s second presidency for it
1 month, 1 week ago

Planes crash, markets plunge: Look who is blaming Trump’s second presidency for it

Firstpost  

Since President Trump returned to office, both aviation accidents and market declines have been on the rise. Since President Trump assumed office for his second term on January 20, 2025, global markets have been in a steep decline. According to Newsweek, on February 11, 2025, US stock indices experienced declines following President Trump’s announcement of new tariffs on steel and …

US stock market: Wall Street falls after worse inflation data
1 month, 1 week ago

US stock market: Wall Street falls after worse inflation data

Hindustan Times  

U.S. stocks are falling Wednesday after a report said inflation is unexpectedly getting worse for Americans. The inflation report suggests not only that pressure on U.S. households’ budgets is amplifying but also that traders on Wall Street were correct to forecast the Federal Reserve will deliver less relief for Americans through lower interest rates this year. “The hotter than expected …

Crashing the economy: Inside Trump's blueprint for more grifting
1 month, 3 weeks ago

Crashing the economy: Inside Trump's blueprint for more grifting

Raw Story  

Democrats are warning that Trump’s threats to increase our national debt by as much as $7 trillion, shift billions of Treasury dollars into crypto, and impose tariffs on imported goods risk creating a financial crises and maybe even a second Republican Great Depression. And 45 percent believe women have gained too many rights, echoing Tate’s argument that, as young British …

US STOCKS-Wall Street ends lower as blowout job data spooks traders
2 months, 2 weeks ago

US STOCKS-Wall Street ends lower as blowout job data spooks traders

Live Mint  

* December US job growth beats expectations * Walgreens set for best day since 1980 after Q1 profit beat * Constellation Brands slides after trimming FY forecasts * University of Michigan survey showed consumer sentiment dropped * Indexes off: Dow 1.63%, S&P 1.54% and Nasdaq 1.63% By Johann M Cherian, Sukriti Gupta and Carolina Mandl Jan 10 - U.S. stocks …

Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks
2 months, 2 weeks ago

Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks

Associated Press  

NEW YORK — Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. Now that worries from the summer about a potentially slowing U.S. economy have abated and the 10-year Treasury yield is firmly above 4.50%, “we believe the market …

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
3 months ago

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

Hindustan Times  

Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. All three major indices finished firmly lower after the Fed projected just two interest rate cuts next year, down from four. Although stocks often enjoy a late-year bounce referred to as the "Santa Claus rally," Stovall …

US stock market surges to record high despite Trump’s tariff threats
3 months, 3 weeks ago

US stock market surges to record high despite Trump’s tariff threats

Al Jazeera  

The S&P 500 rises 0.57 percent after US president-elect’s tariff announcements roil European and Asian markets. US stocks have hit record highs despite United States President-elect Donald Trump’s pledge to impose sweeping tariffs that threaten to upend international trade. Some big-name individual stocks fell, including General Motors and Ford Motor, both of which import vehicles from Mexico, a target of …

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
4 months, 1 week ago

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink

Associated Press  

NEW YORK — U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. “Kennedy’s appointment may make it less likely traditional qualified experienced staff will agree to join HHS, creating more uncertainty.” Biotech stocks broadly sank to some of the …

Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
4 months, 1 week ago

Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink

LA Times  

Trader Robert Charmak works on the floor of the New York Stock Exchange last week. U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. Besides Friday’s hit to vaccine makers, Treasury yields have been climbing on both the economy’s …

Markets hail Trump’s economics
4 months, 2 weeks ago

Markets hail Trump’s economics

Live Mint  

Twenty-three Nobel laureates in economics warned two weeks ago that Donald Trump’s economic agenda would be disastrous for the U.S. Mr. Trump’s election drove the largest single-day increase in the U.S. dollar in more than two years, and third largest in the last decade. The combination of the steepening yield curve, stable inflation expectations and the rise in stocks indicates …

How an economic crash could line Trump's pockets
4 months, 2 weeks ago

How an economic crash could line Trump's pockets

Raw Story  

America’s billionaires would love to have a recession, particularly a really severe one. While over 8 million Americans lost their jobs and were wiped out as the Bush Crash started today’s homelessness crises, the top 1 percent saw it as a buying opportunity. As the economy recovered, rich people who’d used their increased income to buy stocks at the market …

Why are the stock markets plunging – and what does it mean for you?
7 months, 2 weeks ago

Why are the stock markets plunging – and what does it mean for you?

The Independent  

Britain’s brand-new government has found itself facing a fiscal crisis, forcing unplanned cuts to public spending and tax rises. But what has really got Wall Street’s bears sharpening their claws are the growing fears about prospects for the wider US economy. Japan’s Nikkei index suffered its biggest single-day points fall since 1987 and other markets in Hong Kong, India, Australia …

Sell-off on Wall Street: Why it is happening and what it says about the economy
7 months, 2 weeks ago

Sell-off on Wall Street: Why it is happening and what it says about the economy

LA Times  

Specialist Glenn Carell works at his post on the floor of the New York Stock Exchange on Monday. Technology stocks have been hit particularly hard lately: The Nasdaq composite was, for a moment on Monday, down more than 10% since the middle of last week, entering into what economists euphemistically call “correction” territory. And even when things level out, the …

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