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The Dow Jones Industrial Average Tumbled Because the Market Just Realized a Covid Relief Bill Isn’t Coming

Investors just seemed to realize that a relief bill is probably not going to become a reality, sending stocks tumbling. The Nasdaq Composite dropped 2%, while the S&P 500 fell 1.8%, and the Dow Jones Industrial Average declined 405.89 points, or 1.5%. Investors were buying tech on the dip, pushing the Nasdaq up as much as 1.4% in early trading. Read More...

Investors just seemed to realize that a relief bill is probably not going to become a reality, sending stocks tumbling. The Nasdaq Composite dropped 2%, while the S&P 500 fell 1.8%, and the Dow Jones Industrial Average declined 405.89 points, or 1.5%. Investors were buying tech on the dip, pushing the Nasdaq up as much as 1.4% in early trading.

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