Stocks tumble to worst loss in 3 months
(WorldNews Business)

The New York Stock Exchange is shown in this 2016 photo. AP FILE PHOTO NEW YORK - U.S. stocks plunged Thursday as losses for Cisco Systems hurt technology companies while Wal- Mart declined after its latest quarterly report. Banks also dropped as bond yields and interest rates sank for a second day. It was the second-worst day for stocks this year, which has seen few large declines. Along with technology companies and retailers, transportation companies skidded and all of the industrial, financial and basic materials companies in the S&P 500 fell. Those sectors tend to struggle when investors are concerned about economic growth,...