Why did stocks drop today? Why did the stock market crash? It has to do with renewed fears that the recession 2023 may be starting. Has recession started in 2023? That’s the question plaguing investors and causing stocks to sell off. Why the stock market fell today has to do with the latest stock market news showing a sharp decline in manufacturing and home builder sentiment. Today’s stock market fall was caused by the latest share market news showing home prices falling and consumer spending slowing down on big ticket items such as automobile purchases, home purchases, and home improvements. With the stock market today closing at the lowest level in over a month, the best stocks to buy right now might be short bets on the market such as SPXU and SQQQ.
