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 High Oil Prices Halt Biden's Plan to Replenish Strategic Reserve READ MORE Record-Breaking Gold Rally Pauses as Market Eyes Fed Signals READ MORE How the Yen-Dollar Dance is Shaking Up Wall Street READ MORE Rising Interest Rates Challenge Long-Standing Pro-Debt Economic Policies READ MORE Balancing Act: Oil Market Weighs China Concerns Against OPEC+ Cuts and Geopolitical Risks READ MORE Add a Comment Cancel replyYour email address will not be published.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