Why Happened to the stock market today? Why did stocks drop today? Over the past 4 weeks, fears of a US recession triggered a stock market crash. US recession 2024 fears caused the stock market crash 2024. The latest US recession news shows a recession in 2024 is likely, as indicated by the Sahm Rule, explained in this stock market for beginners video. Recession in US fears started with the horrible jobs report that showed the unemployment rate rose much faster than expected. A global sell-off in stocks started with the Japan stock market, and then moved around the world, causing the largest crash in the US stock market since the 1987 stock market crash. The crash last week was the worst since the stock market crash 1987. And stock market technical analysis is showing the sell-off could get worse, as the charts are lining up perfectly with the 2008 Great Financial Crisis. History appears to be repeating itself with another stock market crash 2008 happening once again.
