August 5 2024 Stock Market Crash. The plunge in global shares stunned even seasoned market observers. The drop took nikkei’s losses since early july to 25%, pushing it into bear market territory.
Stock market sees biggest daily drop in nearly 2 years. Why a weaker jobs market is sparking recession fears the dow jones industrial average tumbled more than 1000 points on monday or 2.6%, while the broader s&p 500 index.