Tesla leads the steepest market drop since 2022
Mar 10, 2025•10 min•Season 1Ep. 2
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Episode description
US shares slumped overnight over fears of recession from US government policies. The market fear index, the VIX, spiked to its highest in eight months. Tesla led the market decline, down 15%, with other 'magnificent seven' stocks following. Investors are turning to safer sectors such as healthcare and property. Australian stocks dipped and rose slightly at market open.
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