Dow average plunges 513, worst drop since 2008
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.
The Dow is closing with a loss of 513 points, or 4.3 percent, to 11,384. It was the worst day for the Dow since October 22, 2008.
The S&P 500 is down 60, or 4.8 percent, to 1,200. The Nasdaq is down 137, or 5.1 percent, to 2,556.
Twenty stocks fell for every one that rose on the New York Stock Exchange. Volume was very heavy at 7.5 billion shares. – My Central Jersey
The Holy Family said that it would happen, and it has. We share 100% TRUTH. Are you listening?
From 4/18/11: The United States plan to raise its debt ceiling that will further inflate its dollar by devaluation will be yet another of Satan’s ploys to try and keep his child alive. But, the USA will not thrive nor survive from making this move.