Dow sinks another 464 points as slowdown fears worsen

 

December 21, 2018



NEW YORK (AP) — Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon.

The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. The broader S&P 500 index continued its slump, too, and is down 10.6 percent this month alone, with six days of trading to go.

"This is the classic shoot-first-and-ask-questions-later market," said Scott Wren, senior global equity strategist at Wells...



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