Stocks tumble over global economy concerns
Posted: Jun 12, 2013 9:35 AM EST | Updated: Nov 6, 2014 3:11 AM EST
NEW YORK CITY — Stocks took a tumble on Tuesday over fears that the government could cut back on its bond-buying program.
The Dow wiped out all of its gains made in the month of June over global concerns of the economy and a program that has kept interest rates low.
The Dow dropped 117 points. The S and P 500 dropped 16 and the NASDAQ fell 16 points.