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BARACKALYPSE NOW..... Stocks fall AS HE SPEAKS!
Dow Skids 600, Worst Day Since Credit Crisis
Published: Monday, 8 Aug 2011 | 5:00 PM ET
By: JeeYeon Park
CNBC.com Writer
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.
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.
News Headlines
Dow Skids 600, Worst Day Since Credit Crisis
Published: Monday, 8 Aug 2011 | 5:00 PM ET
By: JeeYeon Park
CNBC.com Writer
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.
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.
News Headlines