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Weak earnings reportsPBS
•77% Informative
S&P 500 drops 2.1 percent to give back a chunk of the gains from a three-week winning streak that had carried it to the cusp of its all-time high.
Dow Jones Industrial Average drops 626 points, or 1.5 percent , from its own record set on Friday before Monday ’s Labor Day holiday .
Nasdaq composite falls 3.3 percent as Nvidia and other Big Tech stocks lead the way lower.
Nearly 30 percent of the stocks within the S&P 500 climbed, led by those that tend to benefit the most from lower interest rates.
The yield on the 10-year Treasury fell to 3.84 percent from 3.91 percent late Friday .
Worries were growing about the resilience of China ’s economy, as recently disclosed data showed a mixed picture.
VR Score
89
Informative language
95
Neutral language
53
Article tone
formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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