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Tuesday, August 9, 2011
Stocks Tumbled Yesterday
U.S. stocks tumble as trading opens
The Dow falls 250 points minutes after the opening bell as investors fear a repeat of 2008.
Nasdaq down over 3%
Also:
Traders brace for week
Investors: Think long-term
Moody's urges deficit cuts
Dow Jones plummets 634 points
Stocks get slammed on the first trading day after the U.S. debt is downgraded.
Biggest one-day drop since 2008
Also:
Investors dump stocks
Fed takes the spotlight
Oil hits eight-month low
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