Downgrade Of U.S. Hits Markets Hard Amid Ripple Effects (Investor’s Business Daily)

Investor’s Business Daily – Stock markets were rocked Monday by Standard & Poor’s downgrade of the U.S. and more than a dozen financial companies, and the shock waves from the debt-rating agency’s actions could continue to reverberate.

Downgrade Of U.S. Hits Markets Hard Amid Ripple Effects (Investor’s Business Daily)

Investor’s Business Daily – Stock markets were rocked Monday by Standard & Poor’s downgrade of the U.S. and more than a dozen financial companies, and the shock waves from the debt-rating agency’s actions could continue to reverberate.

BofA leads stock prices lower (AP)

AP – Bank of America Corp.’s shares plummeted 20 percent Monday, leading the financial sector in a downward spiral that was violent even compared to the rest of the crashing market.

Stocks plunge worldwide — Dow’s 6th-worst loss (AP)

AP – The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.

Investors lose a trillion dollars in one day

Investors lost a trillion dollars in the in the stock market Monday as the debt crisis in Europe, lackluster economic news and a downgrade to the U.S. credit rating spark fears of a double-dip recession.

Wall Street sinks as fear jumps after historic downgrade (Reuters)

Reuters – U.S. stocks plunged on Monday, taking the S&P 500 down more than 6 percent on growing fears of a recession, exacerbated by the loss of the country’s pristine triple-A credit rating.

Wall Street sinks as fear jumps after historic downgrade (Reuters)

Reuters – U.S. stocks plunged on Monday, taking the S&P 500 down more than 6 percent on growing fears of a recession, exacerbated by the loss of the country’s pristine triple-A credit rating.

Wall Street sinks as fear jumps after historic downgrade (Reuters)

Reuters – U.S. stocks plunged on Monday, taking the S&P 500 down more than 6 percent on growing fears of a recession, exacerbated by the loss of the country’s pristine triple-A credit rating.

Questions and answers about the market’s turmoil (AP)

AP – Global stock markets tumbled Monday on the first trading day since Standard & Poor’s downgraded long-term U.S. debt

Downgrade batters US stock markets (AFP)

AFP – US stocks dropped sharply on Monday, while Treasury bond prices actually rose in the wake of Standard & Poor’s unprecedented downgrade of the United States’s credit rating.