skews13
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- Mar 18, 2017
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The stock market on Wednesday took its biggest dive since before President Trump’s election, as investors began to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies to boost the economy.
The Dow Jones industrial average lost 368 points, or 1.8 percent to 20,611, as a broad array of other indexes all lost ground. Meanwhile, a widely followed measure of volatility known as the VIX, which had been remarkably subdued in recent months, spiked by a dramatic 21 percent, suggesting sharply growing anxiety by investors about a sense of rising political risk in Washington.
Turmoil over recent Trump controversies triggers the Dow’s biggest losses since September
The Dow Jones industrial average lost 368 points, or 1.8 percent to 20,611, as a broad array of other indexes all lost ground. Meanwhile, a widely followed measure of volatility known as the VIX, which had been remarkably subdued in recent months, spiked by a dramatic 21 percent, suggesting sharply growing anxiety by investors about a sense of rising political risk in Washington.
Turmoil over recent Trump controversies triggers the Dow’s biggest losses since September