Spooked: Dow Drops 200 Points as Deutsche Bank Woes Wreck Risk Appetite
September 29, 2016 at 17:38 PM EDT
Stocks tanked today even as oil rose as concerns about Deutsche Bank caused investors to flee the market . The S&P 500 fell 0.9% to 2,151.13 today, while the Dow Jones Industrial Average tumbled 195.79 points, or 1.1% to 18,143.45. The Nasdaq Composite dropped 0.9%. The folks at Westpac explain how the stock market went from an " Opec-driven jump in risk appetite " to a selloff in less than 24 hours: