Stocks Continue to Slide on Tuesday

The downward trend of the stock market continued for yet another day. Marking the fifth straight day in which the stock market dropped, Tuesday saw the Dow Jones industrial average finish at 6,726.02.
Compared to the carnage on Monday, the drop on Tuesday doesn’t appear too devastating. However, with the Dow Jones falling nearly 40 more points, you’d have to go all the way back to the end of April in 1997 to find the last time the index was this low.
The Standard & Poor’s, which takes a broader look at the market than the Dow Jones, dipped under 700 and …read more