Charles Schwab, Ameritrade, and Fidelity Investments are experiencing outages as the global market rout deepens. Fear of a slowing US economy has triggered another massive sell-off across financial markets worldwide. The S&P 500 fell by 3.1% in early trading, marking its worst week in over three months. The Dow Jones Industrial Average dropped 996 points, or 2.5%, by 9:50 AM Eastern time, while the Nasdaq composite slid 3.8%. The disruptions at major brokerages have added to investor anxiety as nearly everything on Wall Street tumbles. Stock Market Crash Today: 7 Major Tech Companies Lose Over USD 1 Trillion in Market Capitalisation, NVIDIA and Apple Lead.
Stock Market Crash
BREAKING - Multiple brokerages down and are reporting errors amid markets crash pic.twitter.com/20KZ8TaBst
— Insider Paper (@TheInsiderPaper) August 5, 2024
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