The worst day since 2020 in Stock market of the united States #stockmarket #business #unitedstates

#global #Financial #markets were rattled today as over $2.9 trillion was erased from #stocks , driven by mounting fears of a global recession.

#The U.S. stock market faced big declines at the opening bell, with major indices such as the S&P 500 and the Nasdaq Composite plunging over 2% and 3%, respectively. This downturn was sparked by weaker-than-expected U.S. jobs data, which revealed a spike in the unemployment rate to 4.3%, the highest since October 2021.