Daily Morning News

Global financial markets were rattled today as over $2.9 trillion was erased from stocks, driven by mounting fears of a global recession.

The U.S. stock market faced big declines at the opening bell, with major indices such as the S&P 500 and the Nasdaq Composite plunging over 2% and 3%, respectively. This downturn was sparked by weaker-than-expected U.S. jobs data, which revealed a spike in the unemployment rate to 4.3%, the highest since October 2021.

Indian Stock Index Nifty 50 is 1.78% UP in 1 Month Instead of USA Stock Index Nasdaq is Down by -7.76% in 1 Month.

Intel is down by 26.06% ($ −7.57), Nvidia is 1.78%, Microsoft is 2.07%, Amazon is 8.78%, and Tesla is 4.24%.