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Stocks Plunge as Credit Outlook Worsens

Bear Stearns downgrade stirs more trouble as Dow loses 2%

By Greg Atwan, Newser User

Posted Aug 3, 2007 3:44 PM CDT

(Newser) – After two straight days of gains and a steady morning the Dow plummeted in a selloff late this afternoon, losing 2% of its value to close at 13179.71, down 283.62. Bear Stearns lost big after Standard and Poors downgraded the subprime-laden i-bank from... Read full story »

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Stocks Plunge as Credit Outlook Worsens

Bear Stearns downgrade stirs more trouble as Dow loses 2%

stock market • NASDAQ • New York Stock Exchange • Dow Jones • stocks • Bear Stearns • crude oil • S&P 500

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