Wall Street In Turmoil As Dow Jones Plummets 1,150 Points – Its Largest Single-Day Drop Ever
US stocks plunged during a highly volatile day of Wall Street trading with the Dow Jones falling by more than 1,150 points, erasing all the gains it has made for the year.At the end of a rollercoaster day, the Dow Jones Industrial Average fell by 1,175.21 points, or 4.6%, to 24,345.75.At one point, the Dow fell 6.3 percent or 1,597 points, as it breached both the 25,000 and 24,000 levels during trading.Fears of interest rate rises in the US in an effort to keep inflation under control are
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