The U.S. stock market experienced its sharpest decline in 18 months, primarily due to economic slowdown fears, with the S&P 500 Index dropping significantly.
NVIDIA's market value plummeted by approximately $300 billion, driven by rumors of a potential Justice Department antitrust investigation, illustrating stark volatility in information technology stocks.
Historical trends in September have shown heightened volatility and average losses, raising concerns among investors that the S&P 500's downturn may persist during this period.
Job openings decreased to the lowest levels since January 2021, indicating a potential softening in the labor market, even as payrolls increased and the unemployment rate dipped.
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