Dow Sinks 390 Points in Global Selloff, Crude Falls Nears $29
- S&P 500 falls to lowest since August, Europe in bear market
- Yield on 10-year Treasury note declines below 2 percent
U.S. Stocks Join Global Rout, What's Next?
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Stocks tumbled around the world, with U.S. equities sinking to their lowest levels since August, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering.