Retirement Accounts Hit by Selloff
This is a news story, published by Yahoo Finance, that relates primarily to Nasdaq news.
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market dropUSA Today
•The stock market plunged amid recession fears: Here's what it means for your 401(k)
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
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76
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36
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