According to reports:
“The markets turned highly volatile as it became clear the measure wouldn’t find the necessary support. In the last hour of trading, the Dow was down 709.03, or 6.36 percent, to 10,434.10. At its low, it was down 705.06, not far from its previous record for an intraday drop, 721.56, set during the first trading day after the Sept. 11, 2001, terror attacks. Still, in percentage terms, the decline remained well below the more than 20 percent drops seen on Black Monday of October 1987 and the Depression.”
Sep 29, 2008 15:42pm PDT
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