Investors had been enjoying a nearly perfect year in which the S&P 500 and Nasdaq had racked up massive gains.
Expect a U.S. Recession That Will Ravage Markets and Could Send Stocks Spiraling Down 24% Next Year, Bank of America Says
A recession next year will trigger a 24% sell-off in the S&P 500, Bank of America warned Wednesday.
Elon Musk is No Longer Part of the $200 Billion Club as Tesla's Stock Continues to Slide, But He's Still Comfortably the Richest Person In the World
Elon Musk's wealth fell 5.4% to $193 billion on Tuesday as Tesla shares dropped 7%.