Dow Drops More Than 400 Points on Inflation Worries
Provided by Dow Jones By Caitlin McCabe, Will Horner and Xie Yu Investors around the world retreated from stocks Tuesday, with a selloff in technology companies spreading to other sectors as concerns about inflation spurred a return of volatility in the markets. The Dow Jones Industrial Average tumbled 480 points, or 1.4%, in recent trading, as investors pulled back bets on financials, industrials and energy stocks. That put the blue-chip index on pace for its steepest one-day decline since late February when worries about a sharp rise in bond yields blunted mom...