09 Feb '18 at 8:15 am #14925
Participant
For the second time this week, Dow closed lower by more than 1,000 points.
The $DJIA is now off 10% off its record high just two weeks ago. The last time that happened so fast for 10% was in 1928.
Fears about the bond market, inflation and interest rates were the source of blame by both talking heads.
The Dow finished down1,033 points for the second-worst point drop in history, just undery Monday’s 1,175-point nosedive.