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Dow drops over 500 points, with stock market extending slide following Wednesday's plunge

azcentral
Dow drops over 500 points, with stock market extending slide following Wednesday's plunge

The Dow plunged more than 800 points Wednesday, its worst drop in eight months. Rising bond yields have been drawing investors out of the stock market. The best-performing stocks over the past year took some of the biggest losses. (Oct. 10) U.S. stocks plunged again on Thursday, a day after the market's biggest rout since February. Investors remain jittery about a number of factors – from the recent jump in interest rates to the potential harm tariffs could cause tech companies. The Dow Jones industrial dropped another 531 points, or a 2.07 percent, after losing more than 800 points Wednesday. That drop in U.S. stocks was followed by sizable losses in Asian and European markets overnight. A market