Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half.