Credit concerns send Dow plummeting

Wall Street plunged anew today, hurtling the Dow Jones industrial average down more than 280 points after comments from a Bear Stearns executive reinvigorated the market’s fears of a widening credit crunch.

The drop of more than 2% in major stock market indexes was a fitting end to two volatile weeks on Wall Street and followed back-to-back late-day triple digit gains in the Dow.