Stock market news today: Nasdaq sinks 3%, Dow cascades down as global sell-off intensifies

Wall Street's stock sell-off intensified in a major way Monday as concerns mounted over the health of the US economy. The Dow Jones Industrial Average fell more 1,000 points before paring some of its losses. The Nasdaq Composite was crushed by over 3% after the tech-heavy index entered into a correction with Friday's sharp losses. The S&P 500 losses cascaded over 2.5%.

5% by its September meeting, according to the CME FedWatch tool. Some of the biggest companies in the stock market saw their values plummet at the open. Apple declined more than 9% amid the sell-off, and also after news that Berkshire Hathaway had cut its stake in the company in half. Nvidia's pull back continued, as it dropped as much as 13% before paring losses. Tesla plunged more than 6%. Crypto also took a beating, with Bitcoin sinking roughly 15% to creep back toward the $50,000 level.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market news today: Nasdaq sinks 4%, Dow cascades down as global sell-off intensifiesWall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market news today: Dow leads stock comeback from steep sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Wall Street ends mixed, nudging the S&P 500 and Nasdaq to more recordsStocks wavered to a mixed close on Wall Street, nudging the S&P 500 and the Nasdaq composite to more records. The S&P 500 inched up 0.1% Monday, and the Nasdaq rose 0.3%. The Dow Jones Industrial Average gave up an early gain and fell 0.1%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Stock market news today: Nasdaq sinks, Nvidia drops 7% ahead of Big Tech earningsA packed day of earnings and the start of the Fed's July meeting continue a potentially pivotal week for stocks.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »