From the link:
Stocks fell sharply in late afternoon trading in New York on Thursday as concerns about the global financial system mounted and investors priced in a deep recession.
The Standard & Poor’s 500 stock index was down nearly 7.6 percent and the Dow Jones industrial average was down 678.91 points, or about 7.3 percent, both posting one of their worst days in post-war history. The Nasdaq composite was down 5.4 percent.
Wells Fargo, Morgan Stanley and other bank stocks were among the biggest losers and the financial sector as a whole was down nearly 11 percent in late afternoon trading. But the major indexes were also pulled down by big drops in stocks like Exxon Mobil, General Electric and Chevron.
David Kirkpatrick 
[…] & Poor’s 500, Wall Street, Wall Street Journal — davidkirkpatrick @ 1:42 pm Maybe not as bad as yesterday, but mid-afternoon numbers don’t look too […]
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