CNN —
Fear has set in on Wall Street, and stocks are having another miserable day.
The Dow tumbled more than 1,000 points at the open, and the broader market plunged 3% Monday. The Nasdaq, full of risky tech stocks, dropped 3.7%.
All of that comes amid a global market selloff. Japan’s Nikkei 225 index nosedived 12% — its worst rout in history. All major Asian and European markets fell substantially Monday.
Three fears are emerging all at the same time to send markets into a tailspin Monday: Growing worries about a recession,
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