Stocks Experience Major Decline as Economic Uncertainty Looms

Dow Plunges Over 600 Points, Bonds Rally

Global Markets Tumble Amidst Fears of Recession

The stock market experienced a significant downturn on Thursday, with the Dow Jones Industrial Average plunging more than 600 points amid growing concerns over the state of the U.S. economy. Investors worldwide reacted to the news by selling off government bonds and cryptocurrencies, triggering a sell-off that sent stocks tumbling.

The S&P 500 index, a broader measure of the market, also declined by approximately 14%. The decline was particularly pronounced in technology stocks, with Meta (formerly Facebook) experiencing a significant drop in its share price.

The market sell-off was sparked by weaker-than-expected economic data, which raised concerns about the potential for a recession. Investors are now re-evaluating their positions in light of the uncertain economic outlook.