Dow Plunges 500 Points After Hitting All-Time High

📡 CNBC Top News 12h ago · 1 min read ·

Part of composite article Oil Deal Sinks Gold, Stocks as Fed Rate Hike Fears Crush Market – Dow Plunges 500 Points View full article →

After reaching a fresh intraday all-time high on Wednesday, the Dow Jones Industrial Average reversed course and closed more than 500 points lower. The sharp drop came as Wall Street attempted to rebound from a sell-off triggered by the Federal Reserve's latest policy signals. Stock futures rose in early Thursday trading, with Intel leading gains among chipmakers.