Standard & Poor's, Stock Market Plunge | featured news

(Image from article: "Dow tumbles 634 points on recession fears")

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Dow tumbles 634 points on recession fears

The sell-off comes in reaction to the downgrade on U.S. debt by Standard & Poor's. Accelerating fears of a new global recession sent the Dow Jones industrial average plunging more than 600 points as Washington policymakers scrambled to contain the damage fueled by reaction to the U.S. credit rating downgrade.

Stock market takes a dive after credit downgrade

Wall Street stocks plummeted Monday morning on the first-ever downgrade of the United States' credit rating, with the Dow Jones Industrial Average plunging as much as 380 points in the first hour of trading.

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