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MARKETS

Dow Suffers 200 Point Drop

'Recovering' economy has worst slide since May.

Despite some recent glimmers of hope shining on the slumping economy, the Dow Jones industrial average plummeted 187.13 points, or 2.13 percent today its largest daily slide since late May. The slide began in Asia and Europe and spread to the U.S., as a strong dollar pushed commodities prices sharply lower. As stocks fell, trading volume was light, "suggesting an absence of buyers rather than a flood of sellers rushing to dump stocks," reports the Associated Press. The slump underscores just how slow and halting the road ahead may be for the U.S. economy.

Read it at The New York Times

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