The major stock indexes in the U.S. fell more than 2% in early trading. The S&P 500 fell about 4%, while the tech-heavy Nasdaq dropped more than 6%. The Dow Jones Industrial Average fell roughly 1,000 points, or nearly 3%.
"Investors are feeling massive pain globally," Dan Ives, a managing director of equity research at investment firm Wedbush, said in a note to clients. U.S. markets, he added, are "trading heavy in the red across the board."
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Dow falls 1,000 points as recession fears fuel calls for interest rate cutEach of the major stock indexes fell more than 2% in early trading on Monday.
Source: 6abc - 🏆 250. / 63 Read more »
Stock Market Today: Dow in 4th weekly win as data puts September rate cut in playStock Market Today: Dow in 4th weekly win as data puts September rate cut in play
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow closes above 41,000 for first time as rotation gains steamStock Market Today: Dow closes above 41,000 for first time as rotation gains steam
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow delivers best day in more than a year on stronger earningsStock Market Today: Dow delivers best day in more than a year on stronger earnings
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow in record close as Powell acknowledges inflation progressStock Market Today: Dow in record close as Powell acknowledges inflation progress
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow closes just shy of record as earnings season gets underwayStock Market Today: Dow closes just shy of record as earnings season gets underway
Source: Investingcom - 🏆 450. / 53 Read more »