Market Volatility: Dow Jones Drops, Jobs Data and Tech Stocks in Focus
The Dow Jones Industrial Average dropped over 300 points after the early release of August JOLTS data, which showed an increase to 9.61 million job openings. Cathie Wood's Ark Invest ETFs sold nearly $4 million worth of Nvidia stock. In other news, Tesla stock rebounded despite weak third-quarter deliveries, while Apple and Microsoft stocks showed signs of recovery.