The Dow Plunges 300 Points After Obama Re-Election and "Fiscal Cliff" Worries
Stocks plunged 2 percent on Wednesday, putting the S&P 500 on track for its biggest drop since June, and the Dow plummeting nearly 300 points. Investors' focus shifted from President Barack Obama's re-election to the looming “fiscal cliff” showdown and whether it could create another U.S. recession. Energy, healthcare and the banking sectors ranked among the hardest hit after Obama defeated Republican Mitt Romney, whose policy positions favored those industries. Defense shares also plunged. T
Related Videos
Most Popular Videos
Latest Videos
Most Active by Volume:
| Company | Last Sale | Change Net / % |
|---|---|---|
| BAC | $ 13.51 |
0.08  0.60%
|
| RAD | $ 2.80 |
0.01 0.36%
|
| CSCO | $ 23.94 |
0.30  1.24%
|
| MSFT | $ 35.06 |
0.19 0.54%
|
| WCRX | $ 19.60 |
0.39 2.03%
|
| SIRI | $ 3.49 |
0.01 0.29%
|
| FB | $ 25.76 |
0.49 1.87%
|
| S | $ 7.29 |
0.03 0.41%
|
Latest News Headlines
SoCal Edison Agrees to Pay $37 Million in Penalties Over California Wildfire 8:13PM ET - Dow Jones Business News
Edison International Unit to Pay $37 Million in Malibu Wildfire Case 7:31PM ET - Dow Jones Business News
Given Imaging Announces New European Study Evaluating PillCam(R) COLON versus CT-Colonography in Pa 7:30PM ET - GlobeNewswire
Former IRS Commissioner Withdraws From CBOE Board Race 6:45PM ET - Dow Jones Business News
New WellPoint CEO Consolidates Health Insurer's Business Units 6:17PM ET - Dow Jones Business News