Today the New York Stock Exchange had a record setting day… in a very bad way. Without warning and in a period spanning just one minute, the market lost a combined $60 Billion in just the top 30 blue chip companies. That’s with a “B” folks.
The Associated Press said the following:
Stocks Have Worst Day Since 9/11 Attacks: Dow Down 416, Nasdaq Drop 97 on Global Market Plunge
NEW YORK (AP) — Stocks had their worst day of trading since the Sept. 11, 2001, terrorist attacks Tuesday, hurtling the Dow Jones industrials down more than 400 points on a worldwide tide of concern that the U.S. and Chinese economies are stumbling and that share prices have become overinflated.
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