Dow Down 1K in Opening Minutes

Stock futures were down 850+ points earlier
By Newser Editors,  Newser Staff
Posted Aug 24, 2015 7:46 AM CDT
Updated Aug 24, 2015 8:46 AM CDT
How Ugly Wall Street Could Get Today
A trader works on the floor of the New York Stock Exchange Friday.   (AP Photo/Richard Drew)

MarketWatch used a stock photo of the Grim Reaper and words like "carnage" in an early-morning article on stock futures—it appears to have been prescient. After an ugly morning in which Dow futures plummeted some 850 points, the Dow fell by more than 1,000 points in its opening minutes. MarketWatch puts an early-morning low point at around 15,441, which is down 6% from Friday's level. The Dow is currently down about 700 points. This comes on the heels of the Dow's 800-plus-point drop on Thursday/Friday, the biggest two-day drop since the financial crisis. (More Dow Jones stories.)

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