Dow industrials plunge 1,000 as market enters ‘correction’
NEW YORK (AP) — The Dow Jones industrials plunged more than 1,000 points for the second time this week as a sell-off in the stock market deepened.
The weeklong rout marks a stark turnabout in investors’ mood from just two weeks ago, when indexes set their latest record highs. The Dow and the Standard & Poor’s 500 are now down 10 percent since then, known on Wall Street as a “correction.”
“In January we talked about fear of missing out. What we have now is
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