Latest: Dow closes down 785 points, stocks tumbling
Markets tumbled Thursday as the Dow fell 1,100 points as Oil Surges Above $80 amid Iran tensions, rattling investors worried about global economic risks. The Dow Jones Industrial Average dropped 1,124 points, or 2.3%, while the S&P 500 fell 1.4% and the Nasdaq Composite slipped 1.3%. Shares of Boeing, Caterpillar, and other companies most exposed…