Why the Stock Market Tanked Today
The stock market's massive summer rally hit a big speed bump on Thursday, as major benchmarks suffered big declines that had some investors on the verge of panic. The Dow Jones Industrial Average (DJINDICES: ^DJI) had the smallest slump on a percentage basis, but an 800-plus-point drop still had a psychological impact on market participants. Meanwhile, the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell almost 600 points and was within a hair's breadth of technically seeing a one-day 5% correction. The S&P 500 (SNPINDEX: ^GSPC) split the difference.
Index
Percentage Change
Source Fool.com
