US stocks suffer biggest one-day fall since June 2020

Recession fears

clock • 1 min read
US stocks suffer biggest one-day fall since June 2020
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US stocks suffer biggest one-day fall since June 2020

The US’s S&P 500 index closed down 4% yesterday, marking its biggest one-day fall since the early stages of the pandemic.

The tech-heavy Nasdaq fell by more than 1,000 points after a day of trading, with mega caps such as Amazon and Apple each tumbling by 5% as recession fears intensified. Meanwhile, consumer stock...

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