News for Stock Market Today after Labor Day
Date: September 4, 2024, 9:05 AM GMT
Executive Summary: The stock market experienced a significant sell-off on September 3rd, 2024, with the Dow Jones Industrial Average dropping over 600 points and the Nasdaq Composite falling by 3%. This downturn was attributed to a combination of factors, including weak manufacturing data that reignited concerns about economic growth, a decline in chip stocks led by Nvidia, and historical trends associated with September.
Market Overview
Stock Market Today: Dow Slides 600 Points, Nasdaq Sinks 3% as Nvidia Leads Chip Sell-off
US stocks fell on Tuesday, September 3rd, 2024, to kick off a historically tough month for markets, as AI darling Nvidia (NVDA) and chip stocks led tech stocks down. The Dow Jones Industrial Average closed down over 600 points, while the Nasdaq Composite sank 3%. The S&P 500 also dropped 2%. The sell-off was fueled by a weak manufacturing report that raised concerns about economic growth.
Yahoo Finance (13 hours ago)
Stock Market Today: Dow, Nasdaq and S&P 500 Tumble as Slowdown Fears Return — Live Updates
Stocks declined Tuesday, September 3rd, 2024, as technology names struggled and new economic data concerned traders. The Dow Jones Industrial Average fell more than 600 points, or 1.9%, to 32,799.24, its worst day since early August. The S&P 500 tumbled 2.1% to 4,348.59. The tech-heavy Nasdaq Composite sank 3.2% to 13,346.15.
CNBC (13 hours ago)
Stock Market Today: Dow ends down over 600 points to suffer worst day since early August after weak manufacturing reading
The Dow Jones Industrial Average closed down over 600 points to suffer its worst day since early August after a weak manufacturing reading. The S&P 500 also dropped 2.1%, and the Nasdaq Composite sank 3.2%.
MarketWatch (12 hours ago)
Why are stocks down? Factory data reminded investors that bad news is bad news.
The stock market suffered a sharp drop on Tuesday, September 3rd, 2024, after a report revealed that the Institute for Supply Management’s manufacturing index fell to 47.6 in August, which is well below the 50 mark that separates growth from contraction. The data reminded investors that bad news is bad news, even if the economy is still growing at a modest pace.
MarketWatch (15 hours ago)
Stock Market Today: Nasdaq drops 3% as weak manufacturing data renews US growth fears
The Nasdaq Composite dropped 3% on Tuesday, September 3rd, 2024, as weak manufacturing data renewed fears about US economic growth. The S&P 500 also fell 2.1%, while the Dow Jones Industrial Average dropped more than 600 points, or 1.9%.
markets.businessinsider.com (13 hours ago)
Tech Stocks
Dow sinks 600 points, Nasdaq drops 3.2% in first Sept. session
The Dow Jones Industrial Average tumbled 600 points on Tuesday, September 3rd, 2024, while the Nasdaq Composite dropped 3.2% as investors remained wary about the economy and tech stocks tumbled.
Yahoo Finance (1:52) (13 hours ago)
The Stock Market Is Crashing – This Is Why
The stock market has dropped 2% on the first trading day in September after going up in August. Why are stocks crashing? Has the Fed overtightened and what will happen to the stock market in the future?
YouTube (20:32) (13 hours ago)
Market Suffers Expectation Breaker; Nvidia, Freshpet …
The stock market rally sold off after the long holiday. The S&P 500, in a new power trend and on the cusp of a new high, retreated to its 21-day line.
YouTube (18:01) (12 hours ago)
‘Stock Market Today: Chip Stocks Take Big Hit, ZS Down After …’
… markets #stockmarket #stockmarkettoday #zscaler #zs #boeing # … Stock Market Today: Chip Stocks Take Big Hit, ZS Down After Hours, BA Braces …
YouTube (2:22) (12 hours ago)
‘Nasdaq, stocks start September session lower: Market open’
US markets (^DJI, ^IXIC, ^GSPC) open the first trading day of September lower as equities enter into a month that is historically a bad month for stocks as …
Yahoo Finance (1:18) (19 hours ago)
Economic Outlook
Why September is a historically bad month for US markets
US stocks (^DJI,^GSPC, ^IXIC) are under pressure as Wall Street kicks off its first trading day of September. The market’s worst month historically is …
Yahoo Finance (2:52) (19 hours ago)
Stock Market Today: What to Watch
The S&P 500 had its second-worst day of the year to kick off the month of September, with the tech-focused Nasdaq extending its third quarter slump.
TheStreet (13 hours ago)
5 Things to Know Before the Stock Market Opens
U.S. stock futures are pointing down as Nvidia (NVDA) shares drag markets lower coming out of the holiday weekend; Intel (INTC) reportedly is preparing to…
Investopedia (21 hours ago)
Stock Market News Today, 9/3/24 – Indices Sink as Economic Data Disappoints
Stock indices finished today’s trading session in the red. The Nasdaq 100 (NDX), the SP 500 (SPX), and the Dow Jones Industrial…
Tipranks (13 hours ago)
Stock market today: Indexes fall to start September ahead of data on jobs and the economy
Indexes slid Tuesday morning as investors gear up for fresh labor market data later in the week.
markets.businessinsider.com (19 hours ago)
Reddit Discussion
Regret in stock market : r/IndianStockMarket
Not investing in a stock that skyrocketed? · Holding onto a losing stock for too long? · Selling a winner too early? · Not diversifying your portfolio enough?
Reddit (22 hours ago)
Question regarding Future and Options : r/IndianStockMarket
If you hold it till expiry, you’ll be in profit if NIFTY closes above 25220. So if you think NIFTY will close above 25220 tomorrow hold, otherwise sell.
Reddit (21 hours ago)
How to know what shares to buy : r/IndianStockMarket
I am a novice in share markets. Can you help me understand, how to identify the right shares to buy in an Indian stock market? What are the indicators and …
Reddit (22 hours ago)
Pessimist in the market : r/IndianStockMarket
A place to discuss all things related to the Indian Stock Market! If it affects the Stock Markets we discuss it here. Show more. 744K Members. 75 Online. Top 1 …
Reddit (21 hours ago)
Cpse etf@101, good time to buy? : r/IndianStockMarket
Suitability: The CPSE ETF is suitable for investors with a higher risk appetite who believe in the long-term growth potential of India’s public sector …
Reddit (22 hours ago)
Other News
Stock markets suffer worst day since early August meltdown
Stocks fell sharply Tuesday as technology companies stumbled and weak manufacturing data reignited fears that the economy is cooling. It was the worst day…
The Washington Post (5 hours ago)
Stock market today: Wall Street tumbles on worries about the economy, and Dow drops more than 600
U.S. stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy’s health.
ABC News – Breaking News, Latest News and Videos (20 hours ago)
Dow Weak But Not As Bad As Nasdaq, Nvidia Plummets (Live Coverage)
Dow Jones futures: The stock market suffered an expectations breaker as Nvidia led the Nasdaq sell-off and the S&P 500 fell back from highs.
Investor’s Business Daily (6 hours ago)
Stock market today: Wall Street tumbles on worries about the economy, and Dow drops more than 600
US stocks fell on Tuesday to kick off a historically tough month for markets, as AI darling Nvidia (NVDA) and chip stocks led tech stocks down.
Yahoo Finance (14 hours ago)
Stock market today: Stocks stumble to start September as crucial jobs report lies ahead
US stocks fell on Tuesday to kick off a historically tough month for markets as attention turned to a week of labor data highlighted by a crucial monthly…
Yahoo Finance (17 hours ago)
