US stock market values tumble amid reports of high layoffs and hiring freezes

<p>The S&amp;P 500 index fell 1% as the government shutdown left investors ‘groping around in the dark’ for up-to-date data</p><p>Fears that the US economy is slowing, with firms shedding jobs and imposing hiring freezes, sent Wall Street tumbling on Thursday.</p><p>The S&amp;P 500 index of leading firms was down 1% as investors also highlighted concerns about the potential for a slump in the value of businesses that have benefited from huge investments in artificial intelligence. The tech-heavy Nasdaq Composite fell 1.5%.</p> <a href="https://www.theguardian.com/business/2025/nov/06/us-stock-market-values-tumble-amid-reports-of-high-layoffs-and-hiring-freezes">Continue reading...</a>