Dow sinks more than 300 points!
New York (CNN Business) US stocks are tumbling Thursday over investors’ worries about higher taxes. All three major indexes are in the red, with the Dow (INDU) down 0.9% — more than 300 points lower. The S&P 500 (SPX) fell 0.8% and the Nasdaq Composite (COMP) tumbled 0.7%. It’s not surprising that Wall Street doesn’t like higher taxes, particularly when it comes to capital gains — … Continued