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Posted on 4 August 2011 | 17,903 views

Dow Plunges 513 Points on August 4, 2011 Which is the Worst Drop Since the 2008 Financial Crisis Started

The stock market has just finished its worst trading day since the financial crisis. The Dow is closing with a loss of 512.76 points, or 4.31 percent, to close at 11,383.68 and it was the “Worst Trading Day” for the Dow Jones Industrial Average since December 1, 2008 when the DJIA fell 679.95 points.

With the Dow Jones Industrial Average plunging more than 500 points on Thursday August 4, 2011 — investors are concerned that the U.S. economy will enter another recession and that Europe’s debt problems are not close to being solved.

Twenty stocks fell for every one that rose on the New York Stock Exchange and volume was very heavy at 7.5 billion shares.

The S&P 500 ended down 60.27 points, or 4.78 percent, to close at 1,200.07 while the NASDAQ market ended down 136.68, or 5.08 percent, to close at 2,556.39 on the day.

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  • Jessica Johnson said:

    Dow Plunges 513 Points on August 4, 2011 Which is the Worst Drop Since the 2008 Financial Crisis S.. http://bit.ly/olvt5m

  • Alan said:

    Thank Bush & Cheney for this mess we’re in today. Eventually the market will get smart and invest in the right thing in lieu of the GOP demented mentality. It would probably plunge if they outlawed the out-sorcing of American jobs. But if the U.S. regained its position as a manufacturer the market would sky rocket. BLAME the GOP!

  • Jackson said:

    We are witnessing a chilling repeat of the Financial crash of 1837.
    All those who do not learn from history are doomed to repeat it.

  • Adil Akhter said:

    Side effects of WAR ON TERROR

  • Elle said:


    Damn nobody told me the stock market crashed.Where was I at?

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