Dow falls 1,000 points as recession fears fuel calls for interest rate cut
Mon Aug 5 , 2024
Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession. 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%. […]
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