The massive sell-off on Wall Street intensified on Monday, with the Dow Jones falling over 1,000 points, the Nasdaq plunging 3.4%, and the S&P 500 nearly 3%, marking its worst day since 2022. The CBOE volatility index reached its highest level since the early days of the pandemic, reflecting heightened market fear. The plunge was driven by concerns over the U.S. economy and the Federal Reserve's delay in cutting interest rates. Major companies like Apple, Nvidia, and Tesla saw significant declines in their stock prices. Cryptocurrencies also suffered, with Bitcoin dropping more than 10%. Globally, Japan's Nikkei 225 fell 12%, its biggest single-day loss, following an interest rate hike by the Bank of Japan. Created with AI. Source: finance.yahoo.com