Market experienced sell-off due to concerns over interest rates and disappointing jobs report.

From Nasdaq: 2024-08-08 05:30:00

The S&P 500 experienced its worst July in a decade and continued to tumble in a global market sell-off. Concerns over lack of interest rate cuts and a disappointing jobs report fueled the downturn, impacting growth stocks like Super Micro Computer and Nvidia. The sell-off may pose challenges for growth players in an economic slowdown.

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Read more at Nasdaq: Here’s the No. 1 Reason to Buy Stocks During a Sell-Off