Wall Street today: Nasdaq slumps 2.6%, S&P 500 tumbles 2% on recession fears after weak GDP data
About 15 minutes into trading, the Dow Jones Industrial Average fell 1.6%. The broad-based S&P 500 dropped 2% to 5,449.09, while the tech-rich Nasdaq Composite Index slumped 2.6% to 17,005.71
Markets