Markets Drop Over Disappointing Online Sales

The markets continued to retreat during the midday as disappointing growth in online sales on Black Friday prompted concerns that Cyber Monday sales would also fall short of expectations. The Dow plummeted 145 points to 12,135 while Nasdaq plunged 46 points to 2415. S&P 500 tumbled 16 points to 1385. The 30-year bond eased as the yield rose to 4.640%.