Stocks got destroyed today. BusinessInsider reports some key stats that are worth paying attention:
The S&P fell exactly 6.66%
The Dow fell exactly 5.55%
The small-cap Russell 2000 fell over 8% (Holy Crap!)
Bank of America fell nearly 20%
This was the 4th-worst point loss and 10-th worst percentage loss ever (via Nate Silver).
The yield on the 10-year plunged 22 basis points from 2.56% to 2.34%.
The Dow Transports fell 7%
The high-yield Junk Bond ETF (JNK) fell 4.25%
Read more at
http://www.businessinsider.com/stats-about-todays-market-selloff-after-the-downgrade-2011-8
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