Global Markets Plunge as Economic Fear Sparks Worldwide Stock Market Rout Global financial markets experienced a significant selloff as investors grappled with mounting concerns about the U.S. economy and other potential risks. The downturn affected stock markets worldwide, with U.S. futures, particularly the Nasdaq, showing substantial declines. Asian markets were hit hard enough to trigger circuit breakers, while European markets also saw losses, albeit less severe. The heightened uncertainty led to increased bets on central bank rate cuts and caused the Cboe Volatility Index, known as Wall Street’s “fear gauge,” to surge to levels not seen since the early days of the pandemic. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Walmart and Target Cut Prices Amid Persistent Inflation Concerns READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Powell's Testimony Suggests Softening of Controversial Bank Capital Proposal READ MORE Assassination of Hamas Chief in Iran Raises Middle East War Fears READ MORE The Great Cash-Out: Billionaires Have Sold a Combined $11 Billion in Company Stock This Month READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment