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Summer's over? Dow plunges almost 400 points

Can this bull run further?

Summer may not officially be over yet. But this was no sleepy summer Friday for the stock market.

The Dow fell nearly 400 points -- the biggest drop since late June. All 10 sectors in the S&P 500 were in the red. Oil prices plummeted. Gold was down. And U.S. bonds sank as well, pushing their yields higher.

In other words, there was nowhere to hide. TGIF? Not this particular F.

So what's going on? The good news is that there wasn't any really bad news. No major company reported awful earnings. There was no significant piece of economic data to spook people and spark fears of another recession.

In fact, the market has been eerily calm for most of the summer. And that might be the big problem.

Investors quickly shook off fears about the impact of the U.K.'s Brexit vote late June. It was not, Wall Street decided, going to turn out to be the 2016 equivalent of Lehman...


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