News Summary: Stocks plunge in late trading

Published



SUDDEN SLUMP: A gradual decline in the stock market turned into a rout Friday. The Dow Jones industrial average lost more than 200 points, half of them in the last 15 minutes. It was the worst drop in six weeks.

UNAWARES: The slump caught investors off guard. Some blamed the swoon on computer trading, others said a rebalancing of stock indexes that professional investors track caused the slump.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.