Stock Market Plunges on Thursday

Business

0  Updated at 3:26 pm, July 31st, 2014 By: EastIdahoNews.com
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iStock/Thinkstock(NEW YORK) –The stock market plunged Thursday, wiping out all of the gains this month.

The Dow Jones Industrial Average closed down 317.06 points to 16,563.30. The Nasdaq fell 93.13 points to 4,369.77, and the S&P 500 dropped 39.40 points to 1,930.67.

This follows weak earnings at companies like Exxon Mobil, Yum Brands, and Whole Foods. Investors may also be worried about tension with Russia, fighting in Gaza, or debt in Argentina.


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