The Dow Jones fell more than 500 points on Thursday and has fallen 8 of the last 9 trading days. The 500 point drop is the worst one day decline since December 2008. Almost 15 stocks fell for every stock that rose on the New York Stock Exchange. Kraft was the only advancing stock in the Dow after the company announced that it would split into two companies.
To read a related Marketwatch article, please click here:
http://www.marketwatch.com/story/us-stocks-fall-hard-as-economy-weighs-2011-08-04?dist=markets
James Sutliff