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Why global markets are plunging

DeFi Daily News by DeFi Daily News
August 5, 2024
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Global markets tumbled over the weekend as recession worries intensified, pushing US stock markets (^DJI, ^IXIC,^GSPC) lower. The tech sector (XLK) and cryptocurrency markets were among the hardest hit, with the Nasdaq facing its worst opening day in 4 years.
Morning Brief hosts Seana Smith and Brad Smith analyze the situation, offering insights into the sectors and companies bearing the brunt of the sell-off in U.S. stock markets.
#youtube #news #stockmarket

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Tags: BondsbusinessCurrenciesEquitiesFXGlobalInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePlungingPoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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