Tech Stocks Lead $1 Trillion Wipeout Amid Global Market Meltdown Global stock markets experienced a significant sell-off, triggered by concerns about a potential slowdown in the U.S. economy and uncertain global monetary policy. The Nasdaq, S&P 500, and Dow Jones Industrial Average all saw substantial declines, with tech stocks particularly hard hit. This market turmoil followed disappointing U.S. jobs data and an unexpected interest rate hike in Japan. Investors are worried that the Federal Reserve may have delayed rate cuts too long, risking a recession. The sell-off has spread across Asian and European markets, reflecting growing anxiety about global economic growth and monetary policy directions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Dips as Tensions Rise: Market Braces for Iran's Next Move Against Israel READ MORE December Sees Surge in U.S. Private Sector Jobs, Exceeding Forecasts READ MORE Gold Nears Two-Month High Amid Anticipation of US Rate Cut READ MORE Copper Prices Dip Amidst Dollar Strength and China's Real Estate Slump READ MORE Powell Hints at September Rate Reduction if Inflation Eases READ MORE Add a Comment Cancel replyYour email address will not be published.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