Thanks to housing, Dow plumets more than 400 points!
Thanks to another lackluster housing report, the Dow plummeted more than 400 points today. Although some of that has been gained back in mid-afternoon trading, it seems that the Dow will once again have another major loss. Just days ago, it recorded a loss of about 200 points. With the Dow so close to breaking another record, investors are worried that the economy might be headed into a recession. However, this has happened a few times in the last few months, and the US markets have continued to make up the difference and even gain back more than it lost. Look for tomorrow to be another big day for all of the US markets.
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