NEW YORK—In what experts are calling an economic downturn that could deliver shocks to markets for months to come, stocks plunged Monday as traders realized it was the beginning of the week and that they had to go to work.
“Today, the Dow Jones industrial average sunk over 900 points after investors across the nation woke up, remembered it was a weekday, and realized they had five whole days of office drudgery ahead of them,” said economist Sharon Eaton, adding that while markets seemed strong on Friday when traders had the entire weekend in front of them, prices plummeted first thing this morning when they hit the snooze button on their alarm clocks, overslept by 30 minutes, and then spent a stressful morning...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Plunge As Traders Realize It’s Monday And They Have To Go To WorkNEW YORK—In what experts are calling an economic downturn that could deliver shocks to markets for months to come, stocks plunged Monday as traders realized it was the beginning of the week and that they had to go to work.
Source: TheOnion - 🏆 724. / 51 Read more »
European stocks plunge on recession fearsEuropean stocks plunge on recession fears
Source: Investingcom - 🏆 450. / 53 Read more »
European markets plunge 2.5% as global volatility deepens; mining stocks shed 3.6%European stocks fell sharply at the start of trade Monday as global volatility continues.
Source: CNBC - 🏆 12. / 72 Read more »
Japan stocks plunge over 7%, hovering near bear market territory, as Asia shares extend sell-offInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
Japan stocks plunge over 8%, hovering near bear market territory, as Asia shares extend sell-offInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Japan stocks plunge 7%, extending last week's rout; other Asia-Pacific markets also fallInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »