Stocks plunge as new wave of anxiety sweeps markets
On the 20th anniversary of Wall Street's worst one-day market crash, stocks tumbled Friday as the confidence that produced record highs just 10 days ago gave way to revived economic worries tied to housing troubles and a stubborn credit crunch.
The Dow Jones industrial average sank almost 367 points, or 2.6%. Last week, many investors surmised that the worst of the fallout from the sub-prime mortgage debacle was over.
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