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Stocks drop, Nasdaq confirms correction as recession fears...

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    Stocks drop, Nasdaq confirms correction as recession fears mount



    The declines pushed the Nasdaq Composite down more than 10% from its July closing high to confirm the index is in a correction after concerns grew about expensive valuations in a weakening economy.
    The S&P 500 closed at its lowest level since June 4. Both the benchmark S&P index and the blue-chip Dow suffered their biggest two-day slides since March 2023.

    reuters.com/markets/us/futures-slide-amazon-intel-forecasts-disappoint-jobs-data-awaited-2024-08-02/





    (SUMMARY: THE BIG ONE is here TBeek.png)





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