Queasy investors sent global markets plunging again Wednesday, stomping out recent meager gains and spotlighting fresh worries over cratering oil prices and slowing international growth.
The Dow Jones industrial average, which tracks 30 companies, collapsed 2.3 percent to about 15,640, dropping at its steepest more than 500 points. The Standard & Poor’s 500 index, a broader look at the market, crumbled 2 percent, and the tech-heavy Nasdaq Composite fell 1 percent.
18:41 U.S. home sales hit 10-year high, prices soar16
15:45 Warren Buffett rails against fee-hungry Wall Street managers13
13:09 JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead15
17:21 Stocks mixed after Treasury Secretary points to significant tax reform; industrials lag23