Stock market drops again at opening today


Stock market drops again at opening today

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AP Photo/Mark Lennihan, File
FILE - This July 16, 2013, file photo, shows a Wall Street street sign outside the New York Stock Exchange. Solid U.S. jobs data on Friday, Feb. 2, 2018, did little to improve the mood in global stock markets as investors continued to worry about rising U.S. bond yields.

 Tuesday morning started with Wall Street investors continuing to race down the streets of fear, with the Dow Jones Industrial Average losing more than 500 points in the opening moments of trading.

Traders then snapped up some values and the market loss ebbed. Five minutes after opening, the Dow was still down more than 260 points. 

Volatility appears to be the new normal: By 9:45 a.m., the Dow was down a mere 29 points.

On Monday, the Dow Jones Industrial Average plunged 1,175 points -- 4.6 percent of its value. That was the largest point loss in history, although not the largest percentage drop. 

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