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Stock market news today: Dow plunges 800 points, Nasdaq and S&P 500 sink as global sell-off intensifies

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Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.

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 than 800 points. The Nasdaq Composite was crushed nearly 3% after the tech-heavy index entered into a correction with Friday's sharp losses. The S&P 500 losses cascaded about 2.5%.

Some of the biggest companies in the stock market saw their values plummet at the open. Apple declined 4% 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 some of its losses. Tesla fell more than 3% Crypto also took a beating, with Bitcoin sinking more than 8% to creep back toward the $54,000 level. The concerns have spread throughout the world, as well.

 

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