After Monday's Historic Rally, Some Investors Take Their Money and Run
Hopes that stocks would hold on to Monday's massive gains faded quickly today as the Dow Jones industrial average dived more than 700 points, the second-largest point decline on record.
"Today, it just seems like there's no catalyst for anyone to buy any stocks. ...I think investors don't know what they want to do," said Todd Leone, a managing director at New York-based Cowen and Co.
The Dow closed down 733 points, or 7.9 percent, at 8,577.91, after a major sell-off during the last half hour... Full Story
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