Dow, S&P 500, Nasdaq All Slide as Global Selloff Intensifies

(Image: WSJ)

Tue, 06 Aug 2024

By Caitlin McCabeA stock-market selloff intensified around the world, sending US indexes sliding and volatility spiking to its highest levels since the covid-19 pandemic.In early trading, the Nasdaq Composite fell more than 5%, while the S&P 500 fell about 4%, and the Dow was around 3% lower.Painful turbulence started in Japan early Monday, with the Nikkei 225 falling more than 12%, its worst one-day drop since the crash after Black Monday in 1987. Losses then cascaded across South Korea, Europe and the US as investors dumped ris...

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