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Stocks tumble as Dow tanks by 1,000 points [CBS News]

CME GROUP (CME)  More Company Research Source: CBS News
Last cme group earnings: 4/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
PDF Stocks tumble, as Dow ends more than 1,000 points lower Last Updated Feb 8, 2018 5:34 PM EST U.S. stocks tumbled on Thursday amid jitters over volatility prompted by huge swings earlier this week in the Dow Jones Industrial Average. After starting the day just below the 25,000 level, the Dow went on to crack below 24,000, collapsing as the close approached. It lost 1,032 points, or 4.2 percent, to end the day at 23,860. The S&P 500 index and the tech-heavy Nasdaq Composite index also plummeted nearly 4 percent. The broad market S&P 500 finished down 101 points, at 2,581. And the Nasdaq closed 275 points lower, at 6,777. Thursday's plunge puts the stock market into correction territory, with stocks down about 10 percent from their record high on Jan. 26, according to Bankrate.com. "A rubber band can only be stretched so long before it snaps back," Mark Hamrick, senior economic analyst at Bankrate.com, told CBS MoneyWatch. "This has been the longest overpredicted pullback in history." H [Read more]

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