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Tech stocksCNN
•Technology
Technology
78% Informative
The Dow sank by more than 900 points, or 2.1% , Monday ; the broader S&P 500 dropped by 2.8% and the tech-heavy Nasdaq dropped 4.3% .
Tech stocks were leading the selloff Monday , dragging the Nasdaq into correction territory.
The VIX , Wall Street’s fear gauge, surged to its highest level this year .
A recession is commonly defined by two consecutive quarters of negative growth.
“How long this period of investor caution persists depends on how quickly it will take the global trade clouds, and the resulting threat of recession, to dissipate,” said Sam Stovall , chief investment strategist at CFRA Research , in a note Monday . This is a developing story and will be updated. CNN ’s Matt Egan contributed reporting. For more CNN news and newsletters create an account at CNN.com .
VR Score
80
Informative language
79
Neutral language
37
Article tone
formal
Language
English
Language complexity
47
Offensive language
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
17
Source diversity
3
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