Monday, August 8, 2011

Dow Skids 600, Worst Day Since Credit Crisis



Stocks took a sharp nosedive in another choppy day Monday to finish at session lows as investors fled from risky assets following S&P's downgrade of U.S.'s credit rating last week in addition to ongoing economic jitters.

MAJOR U.S. INDEXES
10809.85
-634.76
-5.55%
2357.69
-174.72
-6.9%
0
1119.46
-79.92
-6.66%
0
The Dow Jones Industrial Average plunged 634.76 points, or 5.55 percent, to finish at 10,809.85, well below the psychologically-significant 11,000 mark. The move marks the blue-chip index's biggest point and percent drop since Dec. 1, 2008.

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