U.S. Dow Jones Industrial Average gains for the year wiped out

San José, CA – Stock markets around the world fell on Monday, January 27, with U.S. stocks down about 1.5%, the biggest fall since October of last year. The headline Dow Jones Industrial Average (DJIA) fell more than 450 points, wiping out all the gains made earlier in the year. Many overseas markets saw even deeper declines, with European stock off 2.5%.