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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Nasdaq Composite News

CBOE Volatility Index,Stock Market,Treasury Yields

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.

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:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Nasdaq futures sink 4%, Dow futures cascade 800 points 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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »