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Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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The New York Stock Exchange, the world’s largest market exchange with more than $25 trillion in market capitalization among its listed stocks, starts trading at 9:30 a.m. Eastern time daily. With the time zone shift, the market opens at 8:30 a.m. for those in Dallas-Fort Worth.
Fear is running high amid the worst stock sell-off in years. It's important for investors not to panic as they watch their portfolios take a hit.
The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened often throughout history.
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."
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Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
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