Dow Crashes Below 25,000 as Bond Yields Trigger Alarm Bells

By CCN: The Dow and broader U.S. stock market plunged anew on Wednesday, as global growth concerns hastened investors’ exit from riskier assets and into safe havens like government debt. Dow Dips Below 25,000; S&P 500, Nasdaq Plunge All of Wall Street’s major indexes traded lower in the afternoon session, extending a brutal pre-market for Dow futures. The benchmark Dow Jones Industrial Average reached a session low of 24,938.24. It was the first time the index fell below 25,000 in four months. The Dow was last down 328.91 points, or 1.3%, at 25,017.98. The broad S&P 500 Index of large-cap

The post Dow Crashes Below 25,000 as Bond Yields Trigger Alarm Bells appeared first on CCN

Source: https://www.ccn.com/dow-crashes-below-25000

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