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Showing posts with label dow jones drops 600. Show all posts
Showing posts with label dow jones drops 600. Show all posts

Tuesday, August 9, 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.