{"id":240371,"date":"2022-05-09T11:29:00","date_gmt":"2022-05-09T11:29:00","guid":{"rendered":"https:\/\/omni48.com\/news\/stock-market-today-5-9-stocks-crumble-as-growth-worries-accelerate-tech-leads-market-slump"},"modified":"2022-05-09T11:29:00","modified_gmt":"2022-05-09T11:29:00","slug":"stock-market-today-5-9-stocks-crumble-as-growth-worries-accelerate-tech-leads-market-slump","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/stock-market-today-5-9-stocks-crumble-as-growth-worries-accelerate-tech-leads-market-slump","title":{"rendered":"Stock Market Today &#8211; 5\/9: Stocks Crumble As Growth Worries Accelerate: Tech Leads Market Slump"},"content":{"rendered":"<p>Dow slumps 552 points, or 1.7%Nasdaq down 418 points, or 3.44%S&amp;P 500 slides 105 points, or 2.65%10-year notes trading at 3.0783%WTI crude futures down $5.70 at $104.09 per barrelVIX index +15% to 34.73 pointsDollar index +22% to 103.869U.S. stocks slumped lower again Monday, while the dollar breached a fresh 20-year high and Treasury yields extended their recent gains, as investors sailed into a wall of worry linked to a slowdown in China, surging inflation and an aggressive Federal Reserve in the U.S. and a worrying escalation in Russia&#8217;s war on Ukraine in Europe.With last Friday&#8217;s sell-off on Wall Street, which extended the longest weekly losing streak in more than a decade for the S&amp;P 500, bleeding into the Asia session, stocks were already fragile when investors were hit with data showing a sharp slowdown in China exports and a warning from Premier Li Keqiang about the country&#8217;s Covid-hit jobless rate.Extended crackdowns on business and travel in both Beijing and Shanghai<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTI crude futures down $5.70 at $104.09 per barrel. U.S. stocks slumped lower again Monday, while the dollar breached a fresh 20-year high and Treasury yields extended their recent gains,<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[],"class_list":["post-240371","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/240371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=240371"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/240371\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=240371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=240371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=240371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}