Business
The Dow Falls 600 Points. So Much for That Comeback.
The Dow is back to session lows. So much for that comeback.
The blue-chip index fell 600 points, or 1.2%, after briefly making a run at breakeven. The S&P 500 was down 1.1%. The Nasdaq tumbled 1.5%.
The major indexes have shown signs of moving based on traders who employ technical analysis and other quantitative strategies. The May CPI was mostly in line with expectations, meaning there wasn’t a major catalyst to break up the frenzied push and pull that markets have been trapped in during the past week.
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