logo
welcome
USA Today

USA Today

The stock market plunged amid recession fears: Here's what it means for your 401(k)

USA Today
Summary
Nutrition label

78% Informative

The S&P 500 closed down 3% , while the tech-heavy Nasdaq composite dropped 3.4% and the Dow Jones Industrial Average fell 2.6% Monday .

It was the biggest daily drop for the market since September 2022 .

The selloff comes on the heels of the disappointing July jobs report released Friday that stoked recession fears.

VR Score

80

Informative language

77

Neutral language

76

Article tone

semi-formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links