U.S. stocks slammed; Dow industrials shed 504 points
By Kate Gibson
Last update: 4:13 p.m. EDT Sept. 15, 2008
NEW YORK (MarketWatch) — U.S. stocks tanked on Monday, with the Dow Jones Industrial Average hit with its worst point and percentage drop in nearly seven years after Lehman Brothers Holdings Inc. filed for bankruptcy and insurance giant American International Group Inc. scurried to raise capital even as its market value was axed by distraught investors. The Dow Jones Industrial Average [: $indu] plunged 504.48 points, or 4.4%, to 10,917.51. The S&P 500 ($SPX:
Black Monday: FTSE plunges 212 points as global markets tumble following Lehman collapse
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Posted in Politics, tagged Biden, BRIC, Bush, Clinton, DOW, Economy, FTSE, I Own My Vote, just say no deal, Lehman, McCain, PUMA PAC, The Denver Group on September 15, 2008| Leave a Comment »
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