BUSINESS Dow falls over 2 percent at open as volatility rises

BUSINESS

Dow falls over 2 percent at open as volatility rises

Reuters

23:01, February 06, 2018

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Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 5, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average opened almost another 2 percent lower on Tuesday after two days of heavy losses that have undermined faith in the U.S. stock market’s almost decade-long rally.

The Dow Jones Industrial Average .DJI fell 536.97 points, or 2.21 percent, to 23,808.78. The S&P 500 .SPX lost 49.06 points, or 1.85 percent, to 2,599.88 and the tech-heavy Nasdaq Composite .IXIC dropped 128.97 points, or 1.85 percent, to 6,838.56.


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