US stocks tumble as part of global market sell-off

Stocks plunged on Monday as U.S. recession fears caused turmoil throughout the global markets.

The Dow Jones Industrial Average tumbled 1,000 points, while the Nasdaq Composite and S&P 500 also fell by 3.9% and 3.2%, respectively.

A weak jobs report and shrinking manufacturing activity in the world's largest economy, coupled with dismal forecasts from the big technology firms, pushed the Nasdaq 100 and Nasdaq Composite into a correction last week.

"While Friday’s employment report was disappointing...