Global financial markets were rattled today as over $2.9 trillion was erased from stocks, driven by mounting fears of a global recession. The U.S. stock market faced big declines at the opening bell, with major indices such as the S&P 500 and the Nasdaq Composite plunging over 2% and 3%, respectively. This downturn was sparked by weaker-than-expected U.S. jobs data, which revealed a spike in the unemployment rate to 4.3%, the highest since October 2021.#MemeCut #recession #stocks #stockmarket #investing #finance #unemployment #recession2024 #Meme #MemeCut