US Stock Market Tanks Further After Obama Spoke

Ouch. Following Asia and Europe, Dow down 541 points, S&P down 68 points, Nasdaq down 142 points. Gold was as high as $1,721 earlier, now pushed back down slightly to $1,715.

On Tuesday, the Fed will start the 2-day FOMC meeting.

And PPT to the rescue... Dow down only 365 points, 40 minutes left to trade.

.... And ended at the lowest of the day. Dow down 634 points (5.5%), Nasdaq 175 points (6.9%), S&P 80 points (6.7%)

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