RandAlThor@lemmy.ca to

News@lemmy.world · 9 hours ago

Dow tumbles 900 points, Nasdaq drops 4% as market sell-off intensifies on recession fears: Live updates

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Dow tumbles 900 points, Nasdaq drops 4% as market sell-off intensifies on recession fears: Live updates

RandAlThor@lemmy.ca to

News@lemmy.world · 9 hours ago

cross-posted to:
[email protected]

Dow tumbles nearly 900 points, Nasdaq suffers worst day since 2022 as recession fears erupt: Live updates

Stocks dropped as the selling pressures that dragged Wall Street last week persisted, while investors braced for a slew of economic data reports this week.

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Tezzerets_Tea_Time@lemmy.world
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8 hours ago
This is intentional. The billionaires are salivating waiting in the wings to buy up as much as possible when the prices are low.
- 1984@lemmy.today
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  7 hours ago
  Billionaries just short the stocks and make tons on the way down as well.

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