The Dow drops by over 500 points as the bear market rebound fizzles.
Dow Jones Industrial Average slid 491.27 points (1.56%) to 30,946.99. Disappointing economic data reversed key averages’ gains. The Conference Board’s consumer confidence index slipped to 98.7 from 103.2 in May. U.S. equities dipped Tuesday, erasing earlier gains as the market struggled to bounce from bear-market lows. Dow Jones Industrial Average slid 491.27 points (1.56%) to … Read more