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Dow plunges over 500 points. Worst day since 2008 financial crisis.
http://i2.cdn.turner.com/money/2011/08/04/markets/markets_newyork/chart_ws_index_dow_20118414253.top.png
Dow plunges over 500 points. Worst day since 2008 financial crisis.
http://i2.cdn.turner.com/money/2011/08/04/markets/markets_newyork/chart_ws_index_dow_20118414253.top.png
/>http://money.cnn.com/2011/08/04/markets/markets_newyork/index.htm?source=yahoo_quoteNEW YORK (CNNMoney) -- In their single worst day since the 2008 financial crisis, stocks plunged Thursday, with the Dow tumbling 512 points, as fear about the global economy spooked investors."The conventional wisdom on Wall Street was that the economy was growing -- that the worst was behind us," said Peter Schiff, president of Euro Pacific Capital. "Now what people are realizing is the stimulus didn't work, and we may be headed back to recession."