Monday 8 August 2011

Stocks drop further, S&P falls 6 percent

NEW YORK (Reuters) - U.S. stocks plummeted for the second straight session, driving the S&P 500 and the Nasdaq down 6 percent on Monday in the first session since Standard & Poor's cut the nation's perfect AAA credit rating. The downgrade -- the first in the country's history -- reflected investors ...


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