USA Stock Market Plummets: A Sign of Great Recession?
Sunday, 4 August 2024 () The US stock market has experienced a significant downturn in recent weeks, sparking concerns among investors and economists about the possibility of a great recession. The Dow Jones Industrial Average (DJIA) has fallen by over 10% from its peak, while the S&P 500 and Nasdaq Composite have also suffered substantial losses. Causes of the Market Plummet: Several factors have contributed to the marketβs decline: 1. Inflation Concerns: Rising inflation rates have led to fears of interest rate hikes, which could slow down economic growth.2. Global Economic Slowdown: Weak economic data from China and Europe has raised concerns about a global economic downturn.3. Trade Tensions: Ongoing trade disputes between the US [β¦]
USA Stock Market Plummets: A Sign of Great Recession?
In the second quarter of this year, Tesla reported mixed results, which led to a decline in their stock price. While the company missed its revenue target by a small margin, it still managed to deliver..
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Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving..
Credit: Wibbitz Top Stories Duration: 01:30Published
Sunday, 4 August 2024 ()
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