Skip to main content

Stock market sell-off sparks ominous trending topics on social media

A global market sell-off and unrest in the Middle East spurred foreboding topics on social media to trend on Monday amid a rise in speculation that tougher times could be ahead.

A broad sell-off in markets across the globe prompted foreboding messages to trend on social media Monday, as a combination of economic and geo-political unrest sparked fears that troubled times are ahead.

The hashtag #Black Monday was trending on social media platform X after Japanese stocks suffered their largest single-day decline since Black Monday, Oct. 19, 1987, when the Dow Jones Industrial Average plummeted by 22%, triggering the beginning of a global market decline.

The market meltdowns intensified throughout the morning, spreading to Europe and the U.S. as the words "The Dow" and "Great Depression" began trending on the site.

STUART VARNEY: WHEN DOES THE STOCK MARKET SELLOFF STOP?

Terms linked to the Biden-Harris administration also took hold, with #KamalaCrash becoming a top hashtag, apparently in reference to Vice President Harris, the Democrat nominee for president.

"Bidenomics," the administration's name for its economic policies, was also trending, showing up in more than 50,000 posts.

BIDEN SAID HE ‘CURED THE ECONOMY’ DAYS BEFORE RECESSION FEARS SPARK MARKET SELL-OFF

But it wasn't just the stock markets driving ominous messages to trend in the social media space.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The term "Middle East" was cited in 156,0000 posts amid fears that escalating tensions between Israel and Iran could expand into broader conflict in the region, and the situation contributed to the term "WWIII" trending on X, with more than 67,000 posts mentioning the potential of a third World War breaking out.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.