Market sell-off, tech takes hit, bitcoin falls: 3 Things

Monday, August 5th 2024, 1:37:28 pm
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US stock futures (^DJI, ^IXIC, ^GSPC) are plummeting in Monday's pre-market trading, extending the tech-centric sell-off following last week's disappointing jobs data. As volatility (^VIX) soars in American markets, Japan's Nikkei 225 (^N225) has fallen by over 12%. Shares of tech giants Nvidia (NVDA) and Apple (AAPL) are getting especially pummeled. Could now be the time to start buying the dip on Nvidia? Lastly, bitcoin (BTC-USD) is dropping by as much as $11,000, hitting a six-month low. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
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