Explained – Why Dow Jones, Nasdaq fell as much as 750 points from the highs on Monday
Benchmark indices on Wall Street reversed course after starting off on a strong note on Monday, November 2, with tech shares selling off yet again, continuing the brutal correction witnessed on Friday.
The Dow Jones managed to outperform its tech-heavy peers, ending with gains of 200 points, not before the index cooled off nearly 450 points from the highs of the day.