Friday, August 05, 2011

Dow average plunges 513, worst drop since 2008

Dow average plunges 513, worst drop since 2008
NEW YORK -- The stock market is finishing its worst day since the financial crisis.
The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another recession and that Europe's debt problems are not closed to being solved.
Major stock indexes fell more than 4 percent.

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