{"id":12145,"date":"2018-11-20T14:39:40","date_gmt":"2018-11-20T22:39:40","guid":{"rendered":"https:\/\/lapost.us\/?p=12145"},"modified":"2018-11-20T14:39:40","modified_gmt":"2018-11-20T22:39:40","slug":"dow-finishes-down-552-points","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=12145","title":{"rendered":"Dow finishes down 552 points"},"content":{"rendered":"<div class=\"el__leafmedia el__leafmedia--sourced-paragraph\">\n<p>Stock prices took a sharp plunge for the second day in a row, Tuesday.<\/p>\n<p>The Dow Jones Industrial Average has fallen a total of 950 points, or 4 percent, in the last two days. The major stock market indexes are now negative for the year.<\/p>\n<p class=\"zn-body__paragraph speakable\">The gloom-and-doom on Wall Street has wiped out the stock market&#8217;s gains for the year.<\/p>\n<\/div>\n<div class=\"zn-body__paragraph speakable\">The Dow dropped 552 points, or 2.2%, on Tuesday. Plunging retailers like Target (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=TGT\" target=\"_blank\" rel=\"noopener\">TGT<\/a>) and Kohl&#8217;s (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=KSS\" target=\"_blank\" rel=\"noopener\">KSS<\/a>) led the S&amp;P 500 1.8% lower.<\/div>\n<div class=\"zn-body__paragraph speakable\">Tech stocks once again got hit hard, with the Nasdaq sinking 1.7%. Apple retreated another 5% after Goldman Sachs dimmed its price target on the iPhone maker for the<a href=\"http:\/\/www.cnn.com\/2018\/11\/13\/tech\/apple-iphone-sales-panic\/index.html\" target=\"_blank\" rel=\"noopener\">\u00a0second time in a week.<\/a><\/div>\n<div class=\"zn-body__paragraph\">All three major indexes have given up their gains on the year. The Dow is nearly 2,500 points off its peak.<\/div>\n<div class=\"ad ad--epic ad--tablet\" data-ad-text=\"show\">\n<div data-ad-id=\"ad_nat_btf_01\" data-ad-position=\"tablet\" data-ad-refresh=\"default\"><\/div>\n<\/div>\n<div class=\"ad ad--epic ad--desktop\" data-ad-text=\"show\">\n<div data-ad-id=\"ad_nat_btf_01\" data-ad-position=\"desktop\" data-ad-refresh=\"default\">\n<div id=\"ad_nat_btf_01\" class=\"ad-ad_nat_btf_01 ad-refresh-default\"><\/div>\n<\/div>\n<\/div>\n<div class=\"zn-body__paragraph\">&#8220;The highways will be crowded this evening as the Thanksgiving rush will begin in earnest, but this morning investors are rushing for the exits,&#8221; Paul Hickey, co-founder of Bespoke Investment Group, wrote to clients on Tuesday.<\/div>\n<div class=\"zn-body__read-all\">\n<div class=\"zn-body__paragraph\">The Dow lost nearly 400 points on Monday as well. This week&#8217;s sell-off marks a continuation of a glum two months on Wall Street. The S&amp;P 500 is down nearly 10% from its record high, flirting with official correction territory.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stock prices took a sharp plunge&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-12145","post","type-post","status-publish","format-standard","hentry","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12145"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12145\/revisions"}],"predecessor-version":[{"id":12146,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12145\/revisions\/12146"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}