American stocks have plummeted to their worst one-day performance since the September 11th terrorist attacks in 2001. The Dow Jones lost 200 points in just one-minute at around 3pm today.
The drops come as an aftermath of drops in the Chinese economy with the Shanghai sliding 9%, during Tuesday the Dow Jones Industrial Average fell 415 points (3.35%) to 12,216 ,the NASDAQ fell 96 points (3.9%) to 2,407 and the S&P 500 Index dropped 50 points (3.5%) to 1,399.
Apple Inc. also fell on news that its Apple TV product would be delayed until mid-March.
Comments and Trackbacks
All comments made are owned by their authors. Please keep discussion clean and relevant to the main article. Basic HTML tags can be used for formatting comments, and avatars are provided by the Gravatar service.
Trackback link for this entry | RSS Feed for comments