Dow Collapses 250 Points As Investors Await Earnings Season To Begin

by The Chicago Times Business Staff

October 11, 2021

NEW YORK — As investors remained focused on the release of new inflation data and third quarter profits this week, all three major U.S. stock indexes closed down Monday, marking their biggest one-day point declines in a week.

The Treasury market was closed in commemoration of Columbus Day, while the rest of the markets were open as normal.  The next significant data release in the coming week is the September consumer-price report for the United States, which is due out on Wednesday.

The Dow Jones Industrial Average plummeted 250.19 points to end at 34,496.06.  The S&P 500 dropped 30.15 points to close at 4,361.19.  While Nasdaq fell 93.34 points to finish at 14,486.20.

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