1d ago

Dow tumbles 900 points, Nasdaq drops 4% as market sell-off intensifies on recession fears: Live updates

www.cnbc.com Dow tumbles 900 points, Nasdaq drops 4% as market sell-off intensifies on recession fears: Live updates

Stocks dropped as the selling pressures that dragged Wall Street last week persisted, while investors braced for a slew of economic data reports this week.

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return2ozma @lemmy.world

23h ago

Dow tumbles 1,100 points, S&P 500 heads for worst day in 2 years on recession fears: Live updates

www.cnbc.com /2025/03/09/stock-market-news-today-live-updates.html

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80 comments

- It’s crazy that with a tariff on energy, utilities and energy are up lmao.
  
  Welcome to inelastic demand. They take a percentage of what they charge, and they have to charge more because of the tariffs, so they basically get to take more for free because you have to pay more for it, and you have no choice in the matter.
  
  Oil companies were the biggest contributions to the project 25