Nervous traders darted flocked into safe assets on heightened euro zone debt and global economic tensions, launching the markets deep into negative territory. Hit the jump to read the rest of the story. Funk Flex find flex on Google +
Stocks Plummet More Than 450 Points In Early Trading
Renewed worries about Europe’s debt crisis and a sluggish U.S. economy sent stocks spiraling lower in mid-morning trading. Ash_Bankz
Dow Plunges 500 Points
The U.S. stock market joined a sell-off around the world today in the first trading since Standard & Poor’s downgraded American debt. The Dow Jones industrial average fell more than 450 points in afternoon trading. Treasury prices rose – despite S&P’s assessment that they were a riskier investment than the debt of some other countries like Canada and France. Investors still view Treasurys as one of the world’s few safe havens from turmoil in other financial markets like stocks or commodities. Ash_Bankz x TatWZA
