Dow drops 1,175, biggest-ever point drop - KULR8.com | News, Weather & Sports in Billings, Montana

Dow drops 1,175, biggest-ever point drop

Posted: Updated:

NEW YORK (AP) - The stock market ended a wild day with its biggest drop in six and a half years as the Dow Jones industrial average briefly plunged nearly 1,600 points.

The index ended down 1,175, its biggest point drop of all time and its worst percentage decline since August 2011.

A market rout that began Friday because of worries over inflation and higher interest rates deepened, erasing the gains the market accumulated in the first few weeks of the year. 

(Copyright 2018 The Associated Press.  All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • TrendingMore>>

  • The Latest: Bundy: judge who dismissed his case did US favor

    The Latest: Bundy: judge who dismissed his case did US favor

    Southern Nevada rancher and state's rights activist Cliven Bundy says a U.S. judge in Las Vegas did the federal government a favor last month when she threw out his criminal case stemming from an armed standoff at his Bunkerville ranch in April 2014.

    Southern Nevada rancher and state's rights activist Cliven Bundy says a U.S. judge in Las Vegas did the federal government a favor last month when she threw out his criminal case stemming from an armed standoff at his Bunkerville ranch in April 2014.

  • Check your Instant Pot: Company receives reports of melting cookers

    Check your Instant Pot: Company receives reports of melting cookers

    Friday, February 23 2018 10:13 PM EST2018-02-24 03:13:24 GMT
    Instant Pot Facebook pageInstant Pot Facebook page
    Instant Pot Facebook pageInstant Pot Facebook page

    Before you plug in your Instant Pot to make tonight's dinner, you might want to take a closer look at your unit.

    Before you plug in your Instant Pot to make tonight's dinner, you might want to take a closer look at your unit.

  • Hero dog shot multiple times protecting teenager from burglars

    Hero dog shot multiple times protecting teenager from burglars

    Friday, February 23 2018 9:54 PM EST2018-02-24 02:54:03 GMT

    A 2-year-old German shepherd is being called a hero for risking his life to protect his 16-year-old human best friend when two burglars broke into a Des Moines, Washington home.

    A 2-year-old German shepherd is being called a hero for risking his life to protect his 16-year-old human best friend when two burglars broke into a Des Moines, Washington home.

  • Most Popular