US Stock Market Faces Turbulence Amid Recession Fears
In a dramatic turn of events, US stock markets experienced significant declines on Monday, with the S&P 500 index plummeting amidst growing concerns over a potential recession. This downturn was largely triggered by disappointing economic data released last week, which stirred fears among investors about the health of the American economy. Analysts reported that the selloff was initiated by a dismal reading from the ISM Manufacturing PMI, indicating a contraction in manufacturing activity. T...