US Stock market plummets

US stocks plummeted at the close of business on the first trading day since Standard & Poor’s downgraded American debt.

US Stock market plummets
Mon, 08 Aug, 2011 - 23:02

US stocks plummeted at the close of business on the first trading day since Standard & Poor’s downgraded American debt.

The Dow Jones closed down 634 points, or 5.5%, at 10,809 – the first time it has fallen below 11,000 since November and its biggest one-day point drop since December 2008.

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