Shares of Vale dropped another 18%, adding to its decline on Friday in the wake of the breach of one of its tailings dams in southwestern Brazil. Vale ( NYSE:VALE), Rite Aid ( NYSE:RAD), and Advanced Micro Devices ( NASDAQ:AMD) were among the worst performers. Adding to the downbeat mood was some bad news from several prominent companies. After the stock market saw such a strong start to the year, some investors fear that a reversal is imminent, especially if high-profile earnings reports later this week turn out badly. The Dow Jones Industrial Average fell more than 200 points, and other popular benchmarks were generally down around 1%. With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world.įollow wasn't a pleasant day on Wall Street. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on. Dan Caplinger has been a contract writer for the Motley Fool since 2006.
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