January 5, 2021 4:24 PM

S&P 500, Dow tumble from record highs

The S&P 500 and the Dow fell from record highs yesterday as nerves over the outcome of runoff elections in Georgia this week countered optimism over a vaccine-driven recovery in the global economy. The Dow Jones Industrial Average declined 1.3 percent while the S&P 500 and the Nasdaq Composite, both plunged 1.5 percent.