01:30US stocks ended the day sharply down amid an international market sell-off fuelled by fears of a recession, in New York on Monday.
The Dow Jones Industrial Average dropped approximately 2.8% after the market opened, while the S&P 500 fell 4.2% and the tech-heavy Nasdaq sank 6.2%.
Footage captured on Wall Street shows people observing stock price feeds and tourists taking pictures near the New York Stock Exchange.
European and Asian markets were also heavily affected by the crash. The Japanese stock market suffered its biggest ever daily loss on Monday as the Nikkei 225 index of leading stocks in Tokyo recorded a drop of 4,451 points on Monday and has closed a whopping 12% down. It marked the largest drop in history and drawing comparisons to the 1987 Black Monday stock market crash.
Tech stocks suffered the biggest blow, crypto currencies dropped, oil prices dropped and Treasury yields sank significantly.
The global sell-off comes amid concerns over the performance of the US economy and started in Japan on Friday after Washington released a job report that turned out weaker than expected.
US stocks end day sharply down amid global market plunge over recession fears
US stocks ended the day sharply down amid an international market sell-off fuelled by fears of a recession, in New York on Monday.
The Dow Jones Industrial Average dropped approximately 2.8% after the market opened, while the S&P 500 fell 4.2% and the tech-heavy Nasdaq sank 6.2%.
Footage captured on Wall Street shows people observing stock price feeds and tourists taking pictures near the New York Stock Exchange.
European and Asian markets were also heavily affected by the crash. The Japanese stock market suffered its biggest ever daily loss on Monday as the Nikkei 225 index of leading stocks in Tokyo recorded a drop of 4,451 points on Monday and has closed a whopping 12% down. It marked the largest drop in history and drawing comparisons to the 1987 Black Monday stock market crash.
Tech stocks suffered the biggest blow, crypto currencies dropped, oil prices dropped and Treasury yields sank significantly.
The global sell-off comes amid concerns over the performance of the US economy and started in Japan on Friday after Washington released a job report that turned out weaker than expected.
US stocks ended the day sharply down amid an international market sell-off fuelled by fears of a recession, in New York on Monday.
The Dow Jones Industrial Average dropped approximately 2.8% after the market opened, while the S&P 500 fell 4.2% and the tech-heavy Nasdaq sank 6.2%.
Footage captured on Wall Street shows people observing stock price feeds and tourists taking pictures near the New York Stock Exchange.
European and Asian markets were also heavily affected by the crash. The Japanese stock market suffered its biggest ever daily loss on Monday as the Nikkei 225 index of leading stocks in Tokyo recorded a drop of 4,451 points on Monday and has closed a whopping 12% down. It marked the largest drop in history and drawing comparisons to the 1987 Black Monday stock market crash.
Tech stocks suffered the biggest blow, crypto currencies dropped, oil prices dropped and Treasury yields sank significantly.
The global sell-off comes amid concerns over the performance of the US economy and started in Japan on Friday after Washington released a job report that turned out weaker than expected.