Massive Selloff Across the Board; Dow Jones Down 334 Points

Broad selloff on Wall Street Thursday. The Dow Jones Industrial Average dropped 330 points. Renewed concerns about weakness in Europe's economy weighed on stocks. Speaking in Washington today, ECB President Mario Draghi said 'without reform, there can be no recovery.' Adding to an already worried market, St. Louis Fed President James Bullard said 'the markets are making a mistake,' referring to a disconnect with investors and the Fed's plans on rates. Crude oil fell more than 2% on worries a slowing economy could dampen demand. Falling oil prices took energy stocks with it. Blue chips Chevron (CVX) and Exxon (XOM) both closed almost 3% lower. Ruby Tuesday (RT) was a surprising bright spot, soaring more than 15%. The restaurant chain broke a losing streak and reported quarterly earning beating expectations.