Stocks drop, Web shudders
Well, that was an interesting day on the stock market.
Amid fears of a second recession, a debt crisis in the Eurozone and tomorrow’s uncertain jobs report, the Dow Jones Industrial Average dropped more than 500 points while the Nasdaq lost 137 points. The S&P 500 index, a tracker of the largest stocks, erased 60 points.
Today’s losses were the single worst drop in stocks since the 2008 crash and the ninth-biggest point drop ever for the Dow. These losses reverberated throughout Twitter with users tweeting their outrage and expressing fear about their portfolios.
We compiled what people were saying on Twitter, Facebook and throughout the Web about the market crash using Storify, a tool for compiling real-time posts into a more narrative format.
Tell us in the comments: How do you feel about today’s massive market drop?