#1 Dow plunges 630 points after S&P downgrade08-08-2011, 04:48 PMNEW YORK (CNNMoney) -- Wall Street had its worst day since the 2008 financial crisis, as fearful investors reacted to the United States losing its coveted AAA credit rating.
All three major U.S. stock indexes sank between 5% and 7%, pushing the Dow below 11,000 for the first time since last November.
U.S. stocks have fallen 15% during the past two weeks.
LinkyMay the FORCE be with you!
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