Published on: Friday, August 2, 2024

Stock Market Today: Dow Plummets 600 Points, Nasdaq Enters Correction Territory

Weak Jobs Report Sparks Fears of Economic Downturn

The Dow Jones Industrial Average suffered a massive 600-point decline on Friday, while the Nasdaq Composite entered correction territory, as a dismal jobs report for July sparked concerns that the economy is heading towards a recession.

Jobs Report Fallout: Market Crash Fears Intensify

The release of the weaker-than-anticipated jobs report ignited worries that the economy could be falling into a recession, causing a ripple effect in the stock market. The Dow's sharp decline, coupled with the Nasdaq's entry into correction territory, has investors on high alert.

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Dow closes down 600 points, Nasdaq enters correction after weak ...

Stocks slid Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession.

Stock Market Today: Dow Falls 600 Points; Nasdaq Drops Into ...

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