Markets Decline Amid US Economic Growth Concerns

Global markets experienced significant volatility, driven by weak U.S. manufacturing data and concerns over economic growth. Asian stocks ended mixed, with sharp declines in Japan and modest gains in China and Australia. The U.S. stock market extended its losses, particularly in technology and semiconductor stocks, following a substantial drop in Nvidia's shares. European markets also suffered, with major indices like the Stoxx Europe 600 and FTSE 100 posting declines. Investors are closely watching upcoming U.S. economic data, including the crucial jobs report, which will influence the Federal Reserve's interest rate decisions. Oil prices declined amid concerns over global demand and rising supply.