Dow slumps 600 points as bank woes add to recession jitters - Economic Times

The S&P 500 fell 2% as of 10:19 a.m. Eastern. More than 95% of companies in the benchmark index were in the red. The Dow Jones Industrial Average fell 604 points, or 2%, to 30.163 and the Nasdaq fell 2.1%.

Stocks fell broadly in morning trading on Wall Street Thursday after another hot reading on inflation had investors bracing for another big interest rate hike from the Federal Reserve later this mont… [+2451 chars]

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