Friday, September 9, 2016

"Gimme Shelter: Dow Tumbles 394 Points as Calm Gives Way to Chaos"

From Barron's Stocks to Watch:

The summer of calm gave way to chaos today as all major indexes tumbled well more than 1%.

The S&P 500 dropped 2.5% to 2,127.81 today, while the Dow Jones Industrial Average fell 394.46 points, or 2.1%, to 18,085.45. The Nasdaq Composite tumbled 2.5% to 5,125.91. The CBOE Volatility Index, or Vix, soared 40% to 17.50, the most since Brexit.


The market’s selloff

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