Dow Crashes 473 Points as Bond King Warns of Stock Market Meltdown

By CCN: The Dow and broader U.S. stock market plunged anew on Tuesday, as President Trump’s latest tariff gambit triggered an extreme bout of volatility for Wall Street. Dow, S&P 500 Race Into Meltdown Mode All of Wall Street’s major indexes reported massive declines on Tuesday, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average bottomed at 25,789.71, having declined 643 points. It would later settle down 473.39 points, or 1.8%, at 26,965.09. The broad S&P 500 Index of large-cap stocks plummeted 1.7% to 2,884.05. All 11 primary sectors registered losses. The technology-focused Nasdaq Composite Index declined

The post Dow Crashes 473 Points as Bond King Warns of Stock Market Meltdown appeared first on CCN

Source: https://www.ccn.com/dow-crashes-550-points-as-bond-king-warns-of-stock-market-meltdown

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