Dow Crashes 550 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 25,875.70, having declined 563 points. It was last down 558 points, or 2.1%, at 25,882.70. The broad S&P 500 Index of large-cap stocks plummeted 1.9% to 2,876.20. All 11 primary sectors registered losses. The technology-focused Nasdaq Composite Index declined 2.4%

The post Dow Crashes 550 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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