DOW Falls Down to -500 (via The Foxhole)

 IDOW Falls Down to -500t’s a freefall. Stocks plunged sharply Thursday, with the Dow down more than 500 points, in its worst one-day drop since December 2008. All three major averages tumbled into negative territory for the year as investors were rattled over an intensifying global economic slowdown and ahead of the widely-followed monthly unemployment report. The Dow Jones Industrial Average plummeted 512.76 points, or 4.31 percent, to close at 11,383.68, led by Alco … Read More

via The Foxhole

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