Newsletter IconFacebook IconX IconThreads IconInstagram IconYouTube IconPinterest Icon
Giveaway: Win an ASRock B850 Riptide WiFi and Phantom Gaming PG-850G PSU

US recession scare wipes trillions from stock market, trading platforms are going down

There's blood in the water: potential US recession has wiped trillions of the stock market, causing multiple trading platforms going down across the US.

US recession scare wipes trillions from stock market, trading platforms are going down
Comments
Gaming Editor
Published
1 minute & 15 seconds read time
Voice: Default
0:00 / --:--
Use left and right arrow keys to seek audio.

The US woke up to over $2 trililon wiped away from the stock market, with virtually all companies impacted. But... a new development has occurred: trading platforms are going down as the market issues continue across the US.

We're talking about major players going down as the US stock market is falling, including Vanguard, Fidelity, and TD Ameritrade, as well as E-Trade, and Charles Schwab. Wall Street and the crypto market have seen a sea of red today, both bleeding trillions of dollars.

The Dow opened down over 1000 points, the S&P 500 was down over 4.2% this morning, and the Nasdaq Composite dropped over 6% according to CNN. The US stock market dropping so hard and so far, forced five trading platforms to go down as the markets were plunging into the red.

It's not just the US that is experiencing financial turmoil today, but both Japan and Taiwan have suffered their worst market losses since 1987 and 1967, respectively. The Federal Reserve is reportedly holding an emergency meeting right now... and with Biden out of the race and virtually nowhere to be seen, Kamala Harris needs to step out and explain to Americans how these Bidenomics have been working so far, because today will have many Americans upset at the situation in the US (and globally) right now.

Remember, Intel stock is down 30%+ over the last few weeks with issue after issue, problem after problem, losing market share to competitor AMD, and so much more. Intel's losses are just lost in the sea of trillions of dollars wiped from the US stock market today.

Photo of the Mr. Robot: The Complete Series [Blu-ray]

Best Deals: Mr. Robot: The Complete Series [Blu-ray]

Prices last scanned 5 hours and 38 minutes ago

* Prices may be inaccurate. As an Amazon Associate, we earn from qualifying purchases. We earn affiliate commission from any Newegg or PCCG sales.

News Source:watcher.guru

Comments

Gaming Editor

Email IconX IconLinkedIn Icon

Anthony joined TweakTown in 2010 and has since reviewed 100s of tech products. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Stay Updated

Follow TweakTown for breaking tech news, reviews, and daily updates.

Add TweakTown as a preferred source on GoogleFind TweakTown on Apple News
Newsletter Subscription