The Dow fell more than 600 points, sinking below 26,000 points for the first time since March 29. If the Dow finishes the day at this level, it will be the second-worst trading day of the year. The worst day of 2019 was January 3, when the Dow fell 660 points. Technology and industrial companies have been hit the hardest by the selloff, because their businesses inherently rely on the global trade of materials and finished goods. Monday's selloff started with the Dow opening sharply lower, but stocks recovered most of their losses yesterday as trading went on.
Source: CNN May 07, 2019 13:21 UTC