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[quote=Anonymous]Global stock markets plunge By David Goldman, Mark Thompson, Krystal Hur and Aditi Sangal, CNN Updated 1:32 PM EDT, Mon August 5, 2024 https://www.cnn.com/business/live-news/global-stock-markets-plunge/index.html What we're covering Stocks around the world are tumbling as fears about a US economic slowdown sent shockwaves of fear through global markets. The Dow opened more than 1,000 points lower, the S&P 500 was down 4.25% and the Nasdaq Composite plunged by more than 6%. All three indexes recovered slightly in morning trading. That comes after Japanese stocks suffered their biggest loss since 1987. The Nikkei 225 index in Tokyo closed more than 12% lower. Fears of a sharp slowdown in the US economy have raised expectations that the Federal Reserve will have to slash interest rates.[/quote]
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