Stocks Sink at Open

Whiplash

Updated Apr. 24, 2017 3:01PM EDT / Published Aug. 10, 2011 11:45AM EDT

Richard Drew / AP Photo

They’re up, they’re down. After a huge rally Tuesday, stocks sank Wednesday, with the Dow falling 456 points, or 4.1 percent by the afternoon. Wall Street’s measure of volatility and fear, the VIX, rose 16 percent in early trading topping 40. After Lehman Brothers’ collapse in 2008 it almost reached 90. Tuesday, the Dow regained ground after the Federal Reserve promised to keep interest rates near zero through the middle of 2013. During the past month, stocks have lost almost 13 percent.

Read it at Wall Street Journal

ByteDance Docs Accidentally Unsealed, Revealing Its Origins

The documents were quickly resealed in Pennsylvania, but not before reporters had a good look at them.

Caitlin Clark Nearing Nike Deal Worth 50 Times Her Salary

The No.1 overall pick reportedly turned down Under Armor despite it sending its top athlete—Steph Curry—to try and recruit her to the brand.

Victim’s Fam Says Kohberger Alibi Only Helps Their Case

Kaylee Goncalves’ family has been outspoken since their daughter’s murder, wasting no time to poke holes in the alibi of their daughter’s alleged killer.

Santos Coincidentally at NYC Courthouse During Trump Trial

The disgraced ex-congressman had a hearing in his case against Jimmy Kimmel.

Bill Maher: Woody Allen Not a Pervert for ‘Baby Doll’ Kink

The comedian insisted the disgraced director is innocent and those refusing to work with him are “a bunch of pussies.”

Kate Fan Hijacks U.K. Domain for Meghan Markle’s Brand

Those clicking on the link “americanrivieraorchard.uk” found themselves directed to another website with a message of support for the Princess of Wales.

Eric Adams’ Legal Defense Trust Ditches Dietl Over NSFW Rant

The fund’s counsel said Adams believes no one should be spoken to “in such a disrespectful way.”

Kanye West Accused of Punching Man in the Face: TMZ

The rapper allegedly punched a man who, according to Ye’s rep, had “sexually assaulted” his wife, Bianca Censori.

Stocks Sink at Open

Richard Drew / AP Photo