---
title: "IperionX obtains up to US$150M in tax-exempt bond issuance."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255682472.md"
description: "Yesterday, the stock market experienced a significant drop with the S&P 500 falling by 3%, the Dow Jones by 2.5%, and the Nasdaq by 3.5%. The decline was attributed to concerns about rising inflation and potential interest rate hikes by the Federal Reserve. This resulted in over $1 trillion of market value being wiped out. Technology stocks were hit the hardest, with giants like Apple and Microsoft seeing a decrease of more than 4%. Investors are closely monitoring the situation and bracing for further volatility in the coming days."
datetime: "2025-09-02T22:37:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255682472.md)
  - [en](https://longbridge.com/en/news/255682472.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255682472.md)
generator: "portal-rs"
---

# IperionX obtains up to US$150M in tax-exempt bond issuance.

Yesterday, the stock market experienced a significant drop with the S&P 500 falling by 3%, the Dow Jones by 2.5%, and the Nasdaq by 3.5%. The decline was attributed to concerns about rising inflation and potential interest rate hikes by the Federal Reserve. This resulted in over $1 trillion of market value being wiped out. Technology stocks were hit the hardest, with giants like Apple and Microsoft seeing a decrease of more than 4%. Investors are closely monitoring the situation and bracing for further volatility in the coming days.

### Related Stocks

- [IPX.US](https://longbridge.com/en/quote/IPX.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**