Market Snapshot: Dow sinks 270 points as GameStop frenzy rattles investors again

Stock benchmarks head sharply lower Friday morning, amid fears that sharp gains in a batch of small, heavily shorted companies could force hedge funds to liquidate profitable long positions in other equities.

Stock benchmarks head sharply lower Friday morning, amid fears that sharp gains in a batch of small, heavily shorted companies could force hedge funds to liquidate profitable long positions in other equities.