Dow drops 1,175, biggest-ever point drop - KFBB.com News, Sports and Weather

Dow drops 1,175, biggest-ever point drop

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NEW YORK (AP) - The stock market ended a wild day with its biggest drop in six and a half years as the Dow Jones industrial average briefly plunged nearly 1,600 points.

The index ended down 1,175, its biggest point drop of all time and its worst percentage decline since August 2011.

A market rout that began Friday because of worries over inflation and higher interest rates deepened, erasing the gains the market accumulated in the first few weeks of the year. 

(Copyright 2018 The Associated Press.  All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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