High-flying Dow Jones comes down to earth, drops 476 points
NEW YORK, New York - U.S. stocks tumbled on Wednesday after a 10-day run by the Dow Jones which saw it run up a series of record-highs.
Analysts saw the falls as a correction, or a bout of profit-taking with more gains ahead in 2024.
"Markets were becoming overbought, and a pullback like this is natural given those conditions," Keith Buchanan, senior portfolio manager at Globalt Investments told CNBC Wednes