The Dow Jones Industrial Average plummeted more than 800 points Wednesday, or more than 3 percent, falling below 26,000 for the first time in a month. It was the third worst point drop in the Dow's history. The S&P 500 also tumbled more than 3 percent while the Nasdaq fell more than 4 percent. Technology stocks were hit with some of the deepest selloffs, with Amazon and Netflix falling more than 6 percent and 8 percent respectively. Analysts blamed the drop, the stock market's biggest in about six months, on fears that rising interest rates, trade tensions between the U.S. and China, and dips in housing and automotive sales could spell trouble for the U.S. economy. The CBOE Volatility Index, sometimes referred to as the "market fear index," also rose to its highest point in about four months.
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