Monday, August 8, 2011

BREAKING NEWS: Stocks Slammed Monday, Dow Posts 6th-Worst Loss Ever

U.S. stocks were crushed Monday, the first trading session since Friday night's downgrade of the United States by S&P. Treasurys saw massive buying, while equity indices posted some of their largest drops on record. The Dow fell by 633 points, the sixth-largest selloff (on a points basis) ever for the blue-chip barometer and its first close below 11000 since October 2010.


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