Monday, August 8, 2011

Stock collapse continues

U.S. stocks plunged Monday, with the S&P down more than 6% for its largest drop in nearly three years on rising fears of a recession exacerbated by the United States’ loss of its triple-A credit rating. The TSX was down 4%.

TSX — 11670.42 -4.04%

S&P 500 — 11234.98 -5.52%

Dow — 10812.88 -5.52%

Nasdaq — 2357.69 -6.9%

2 comments:

Anonymous said...

Its almost like Wall Street is determined to make Obama look bad to keep him from getting re-elected

Stephen Downes said...

S&P caused the very event it was afraid of.