The stock market began the week with a massive sell-off. Friday's downbeat jobs report and growing fears of recession sent all three main indexes tumbling with both the S&P 500 and the NASDAQ falling at least 3%.
Aug 2024
What Just Happened on Wall Street?
<p>Every major U.S. stock market plunged on Monday, wiping out billions of dollars in value.</p><p>Jeanna Smialek, who covers the U.S. economy for The Times, discusses what was behind the dizzying sell-off — and what it can tell us about whether America is headed for a recession. ... Show More
23m 32s