Nasdaq Index Plummets 3% Intraday

IconCryptoNewsTerminal Staff03 Sep, 2024

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Nasdaq Index Plummets 3% Intraday

The Nasdaq index witnessed a significant intraday decline, dropping by 3.03%. This downturn follows a broader market sell-off, with the S&P 500 index losing 1.86% and the Dow Jones Industrial Average shedding 1.35%. Market analysts attribute this decline to concerns over rising interest rates, geopolitical uncertainties, and fears of an impending recession.