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Dow plunges more than 600 points in another day of losses, officially wiping out its 2018 gains

Credit: Drew Angerer, Getty Images

The Dow Jones industrial average dove more than 600 points Wednesday as another wave of volatility swept through U.S. financial markets.

The blue-chip barometer bobbed in the red most of the session, dragged down by a weak housing report and a beleaguered technology sector.

The tech-heavy Nasdaq took the steepest losses of the day, down 4.4 percent. It’s now in correction territory, down 11.4 percent from its September 2018 high, according to Bespoke Investment Group.

View the complete October 24 article by Thomas Heath on the Washington Post website here.

Categories: National Issues
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