Stock market news today: Global stock rout deepens as Dow plunges over 1,100 points, S&P 500, Nasdaq sink 3%

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 over 1,000 points. The Nasdaq Composite was crushed by more than 3.4%, and the S&P 500's losses cascaded nearly 3% to cap its worst start to any month since 2002. Wall Street's "fear gauge" — the CBOE Volatility Index — touched its highest level since the early days of the COVID-19 pandemic, before retreating.

Some of the biggest companies in the stock market saw their values plummet. Apple declined about 5% amid the sell-off and news that Berkshire Hathaway had cut its stake in the company in half. Nvidia pulled back over 6%. Tesla fell more than 4%. Crypto also took a beating, with bitcoin sinking more than 10% to creep back toward the $54,000 level. The concerns spread throughout the world, as well.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: Dow futures slip in wake of global outageStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: Dow slips in wake of global outageStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: Dow drops in wake of global outageStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

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.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: Nasdaq sinks 3%, 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.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »