Following earnings concerns, stocks plunge and yields rise: today’s stock market news
On Wednesday, stocks fell as investors processed low earnings from Morgan Stanley to United Airlines and a tightening of Middle East tensions that was mirrored in a spike in oil prices. The benchmark S&P 500 (^GSPC) plummeted 1.3%, while the Dow Jones Industrial Average (^DJI) sank around 1%, or 330 points. With a 1.6% decline, … Read more