US stocks tumble as Dow Jones drops over 500 points at opening bell

Wall Street is facing

Wall Street is facing another rough day with the main US stock indices down sharply on Tuesday. The fall occurred as oil prices continued to get crushed amid fears that crude storage tanks are running out of space.

The Dow Jones Industrial Average dropped more than 500 points or two percent after the opening bell. The Nasdaq Composite was down around 150 points or nearly two percent, while the S&P 500 index was losing around 1.7 percent.

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