A precipitous collapse in the global markets was today, sending tremors through financial institutions and leaving investors in turmoil. The S&P 500 plunged cratered, wiping out trillions of dollars in assets. Economists are bewildered by the rapid drop and are scrambling to understand its roots. T

Investors are roiled after a shocking development/announcement/revelation sent shockwaves through global markets. The sudden/unexpected/unforeseen turn of events/shift in the landscape/catalyst has triggered/incited/sparked widespread panic/fear/uncertainty, with major indexes/indices/bourses experi