Dow plunges more than 600 as Santa Claus rally fizzles
Wall Street’s main stock indexes opened sharply lower on Monday and hit their lowest in over a week — as sparse trading volumes and the specter of elevated Treasury yields cast a cloud over the traditionally strong year-end rally for equities. The Dow Jones Industrial Average plunged 650, or 1.52%, to 42,340.69, shortly after the opening bell, while the S&P 500 lost … Read more