Asian Markets Close Sharply Down, European Markets Trade Significantly Lower
Is today Black Friday?
In its opening minutes, the Dow Jones industrial average fell nearly 700 points, dipping below 8,000 for the first time since March 2003. But then the market reversed, turning positive just for a few minutes after 10 a.m. It then hovered just above and below that mark in the first hour of trading. By 11:30 though, the Dow was back down nearly 400 points.
Things didn't improve as the day went on. By 2 p.m., the Dow had once again fallen below 8,000, down more than 550... Full Story
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