Business
Dow Falls 400 Points, Shedding Nearly 1,000 Points in 3 Days
The Dow Jones Industrial Average fell sharply for a third day in a row on Tuesday, but the major indexes finished well off their lows as another oil price spike eased.
The Dow fell 404 points, or 0.8%. The index has fallen about 1,000 points since its close on Thursday. The S&P 500 dropped 0.9%. The Nasdaq Composite slid 1%.
WTI crude oil futures rose 4.7% to $74.56 a barrel, while Brent crude oil futures were up 4.7% to $81.40. Brent crude futures have risen 15% in the past three sessions, which is their largest three-day percent gain since the span that ended March 21, 2022.