Comment on Dow Jones Suffers Worst Day Since 2008 Crisis As Economic Outlook Darkens And Downgrade Risks Loom

Dow Jones Suffers Worst Day Since 2008 Crisis As Economic Outlook Darkens And Downgrade Risks Loom

NEW YORK -- Stocks suffered one of the worst sell-offs in history Monday, as investors adjusted to a new world in which the United States government doesn't have a perfect credit rating, and a fresh recession seems increasingly possible.The Dow Jones Industrial Average lost more than 630 points, logging a drop of nearly 5.6 percent in its worst day since the depths of the financial crisis in late 2008.

 

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