Stocks fall as fears of recession increase

The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.

"CBS Evening News with Norah O'Donnell" delivers the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the "CBS Evening News" every weekday night at 6:30 p.m. ET on the CBS Television Network and at 10 p.m. ET on the CBS News app.

[mbnesbitt]

Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security

[tiboregoldberger]

Joe Biden's Karen Kamala Harris Laughing Hyena Democratic party economy policy 0:46

[SteveSabbai]

Maybe the Recession will bring the ridiculous housing prices back down to a reasonable price?

[Commonsenseisnotcommon]

When did a 2 to 3% dip constitute a crash, yeah maybe in Japan they had a bad day. But y’all really need to stop over blowing things and same fears of recession. Wake up we’ve been in for two years. The news is really getting on my nerves. Y’all really need to realize what’s going on in this country and start reporting For people and not for businesses and government to look good

[marksolarz]

Thank God i still have my Zimbabwe money. I got billions and trillions of dollars. You need a loan America? I'll help you out. $1, 000, 000, 000 bills How much you need?

[Thunder_Dome]

Close trading, That's what they do when the poor start making money.

[Cobracommander]

With inflation what it is, who is not buying less ?

[dtsh]

Bidenomics last leg is falling apart 😂

[jmason]

In Japan "worst day since 1987"... that's one for the books, hopefully calmer minds here in the US markets

[AngelaVlahos]

I never worked my dream job. I wanted to be a professional writer, it doesn't make money.

[daniellebrooks]

Yes very accurate im unemployed so i cut back on spending big time im eating at home only buying what i need nothing more

[MbongeniTembe-we]

When money fails that's coming soon

[blackrocks]

CNBC's Jim Cramer of 'Mad Money' says 'If you care about your paycheck, you go with Trump'

[namin]

NIKKEI is up today! everyone buy buy buy! lets pump baby pump

[marksolarz]

Is Gold rising? Some Dwarf's wanted to know .

[sptownsend]

Sounds like stocks are on sale! "The time to buy is when there's [proverbial] blood on the streets!"

[escoofimpakt]

Its a fire everyone sell sell sell lol while I quietly start buying

[gmanette]

Looking for bad luck and knocking on wood...

[swedesam]

Why would the Fed have any reason to help the stock market with a rate cut? That's not its job.

[MNY-psnz]

If u not in market it’s not a problem. Plus it went down 1% they made 9%