Fears of Recession Grow as Markets Plunge and Prices Skyrocket

Fears of Recession Grow as Markets Plunge and Prices Skyrocket

The conflict in Iran is causing major market jitters with 401Ks plummeting and the prices for gas and groceries going up. On Friday, the Dow, NASDAQ and S&P 500 all closed sharply lower with the Dow dropping nearly 800 points, putting it into correction territory. NBC’s Brian Cheung joins Saturday TODAY to break down how the war is impacting the economy and the fears of a recession.

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