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global market declineCNBC
ā¢
83% Informative
The Dow Jones Industrial Average declined 1,033.99 points, or 2.6% , to close at 38,703.27 .
The Nasdaq Composite lost 3.43% and closed at 16,200.08 , while the S&P 500 slid 3% to 5,186.33 .
Japan 's stock market posted its worst drop since Wall Street's Black Monday in 1987 .
The Invesco Solar ETF ( TAN ) dropped 2.3% Monday to hit its lowest level since July 2020 .
Tyson Foods shares jumped more than 3% after its quarterly results beat Wall Street's expectations.
Kellanova soared more than 14% in afternoon trading Monday , hitting a new high during the session.
Monday 's broad market pullback is a "healthy correction" after the market reached high valuation levels, says James Demmert .
South Korean stocks suffered their biggest loss since the global financial crisis of 2008 .
U.S. services sector expanded at a faster-than-expected pace in July , providing a respite of positive economic news to counter fears of a looming recession.
VR Score
88
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90
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31
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