Emergency Market Update

The Dow Jones Industrial Average is down more than 900 points. Here's what happening. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ Unsubscribe Good afternoon, The markets are in turmoil today. The Dow Jones Industrial Average dropped 954 points, or 2.4%. The Nasdaq Composite Index lost 3.2%, and the S&P 500 declined 2.7%. The Dow 30 earlier fell as much as 1,200 points. Fears of a recession in the United States were the primary cause of the global market meltdown, starting over the weekend with a decline in cryptocurrencies and Asian markets. Investors are concerned that the Federal Reserve is behind the ball in cutting interest rates to counter an economic slowdown. They are also concerned about Friday's disappointing jobs report. MarketBeat Host Bridget Bennett and MarketBeat Contributor Thomas Hughes break it all down for us in a new video just released to MarketBeat's YouTube channel. Watch the video here. As always, visit our website www.marketbeat.com for the latest market news and updates. Matthew Paulson MarketBeat Elon to Destroy This Trillion-Dollar Grift? (Ad) A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, "green energy" grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth. One company holds a near-total monopoly on it.

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