Dow Drops Nearly 300 Points As Fitch Warns Big Banks Could Be Downgraded
Stocks fell Tuesday as investors once again sold on warnings about banks’ health and concerns about China’s economic recovery. The Dow Jones Industrial Average dropped 280 points, or 0.8%, while the S&P 500 and tech-heavy Nasdaq lost 0.9% apiece by 10 a.m. ET. Earlier Tuesday, Fitch’s top bank…
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