Dow plunges 1,033 points and sinks into correction
For the second time this week, the Dow plunged more than 1,000 points.
And it’s now in a correction — 10% off its record high just two weeks ago.
Fears about the bond market, inflation and interest rates seized investors again Thursday and drove the Dow, the S&P 500 and the Nasdaq all into the red for the year.
The Dow finished with a decline of 1,033 points, the second-worst in history, eclipsed only by Monday’s 1,175-point plunge.
The percentage decline on Thursday, 4.2%,
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