Santoli's Tuesday market wrap-up: Market back on its heels after weak ISM services report
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最新报道：U.S. stocks fell sharply as the ISM services index unexpectedly dropped to 48.7 in July, signaling contraction and sparking recession fears. The S&P 500 lost 1.8%, while the Nasdaq slid 2.3% as tech stocks led declines. Treasury yields plunged, with the 10-year note dropping below 4% as investors sought safety. Analysts warn the weak services data, combined with recent manufacturing slowdowns, raises risks of an economic downturn. Market volatility spiked, with the VIX jumping over 20% to 23.5. Investors now await Friday's jobs report for further economic clues.
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