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Iamp;#39;m sure youamp;#39;ve heard the news the stock market is in chaos the Dow has plummeted over 600 points and investors are on edge the US Stock Market took a sharp dive on Friday August 2nd 2024 the Samp;amp;P 500 dropped 1.8% the Dow Jones Industrial Average fell by 610 points and the NASDAQ plunged 2.4% what triggered this selloff a report revealed a severe slowdown in US hiring last month coupled with weak manufacturing data this has investors spooked High interest rates aimed at curbing inflation are hitting the manufacturing sector hard and despite Federal Reserve chair Jerome Powell hinting at possible rate Cuts in September the damage might already be done even if rate Cuts happen their positive impact could take months to be felt so whatamp;#39;s next investors are bracing for more volatility as the market reacts to these economic Jitters stay tuned for further updates as the situation unfolds thanks for watching and donamp;#39;t forget to subscribe for the latest f