U.S. Stocks Tumble as Risk Flight Intensifies, Brent Oil Sinks

  • Russell 2000 enters bear market as small-caps rout tops 20%
  • Brent falls below $30 a barrel for first time since 2004

Stocks Tumble: What's Driving the Selloff?

U.S. stocks tumbled, with the Dow Jones Industrial Average plunging more than 370 points and small caps entering a bear market, as oil’s failure to maintain a 4 percent rally rekindled a flight from risk assets. Treasuries surged amid signs that demand for the relative safety of bonds is rising.

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