Crushed: Dow Enters Correction Territory After Biggest Selloff in Four Years
Wall Street plunged for a second-straight day, forcing all three major U.S. averages to give up their 2015 gains and causing the Dow to easily enter correction territory.
The Dow Jones Industrial Average tumbled 530 points, or 3.11% to 16462. The S&P 500 shed 64 points, or 3.17% to 1971, while the Nasdaq plunged 171 points, or 3.52% to 4706.
Technology and energy stocks took the biggest hit during the session, with the respective sectors dropping 4.21% and 3.48%.
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