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Wall Street has its worst day since 2022 as fear of a US economic slowdown deepens; Dow sinks 1,000

  • Wall Street experienced its worst day since 2022, with the Dow Jones Industrial Average sinking 1,000 points, driven by fears of a U.S. economic slowdown.
  • Japan’s Nikkei 225 fell 12.4%, marking its worst day since the 1987 crash, contributing to a global market decline.
  • Concerns about microchip production and disappointing earnings reports from Amazon and Intel raised worries about a possible U.S. recession.
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Stock markets around the world are declining. However, no one can ignore the megatrends. Investors should seize the opportunity to get started.

·Frankfurt, Germany
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  • 64% of the sources are Center
64% Center
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CNBC broke the news in United States on Sunday, August 4, 2024.
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