Stocks fell sharply Monday as worries about the U.S. economy sparked a world-wide sell-off.
Market jitters that began with last week’s weaker-than-expected jobs report spread to Europe and Asia, as investors worry that the world’s largest economy — long a pillar of global growth — is beginning to show some cracks.
The Dow Jones Industrial Average tumbled more than 1000 points on Monday or 2.6%, while the broader S&P 500 index fell 3%. Japan’s Nikkei average suffered its worst day since 1987, falling more than 12%.
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