Stocks tumble on recession fears, tech giants' performance

Nearly everything on Wall Street is tumbling as fear of a slowing U.S. economy grows and sets off another sell-off for financial markets around the world. Investors are worried after Friday's jobs report showed U.S. employers pulled back on hiring in July. Former President Trump on Sunday night appeared to gloat in response to the global market sell-off and suggested his Democratic rivals were to blame. “STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE.

As the Canadian market navigates a period of economic recalibration, characterized by easing inflation and cautious central bank policies, investors are increasingly looking toward dividend stocks for stability and income. In this environment, selecting strong dividend-paying stocks can be a prudent strategy to balance growth potential with reliable returns. -- Gold plunged on Monday as traders assessed the implications of a major global stock rout.

A quiet economic data week greets a slumping stock market as investors are increasingly concerned about the impact of high interest rates on the US economy.

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