Looks like there is fear of another recession. The Dow Jones fell 512 Points today, and this was the 9th steepest points decline in history. This major sell off took away all the gains we had earlier in the year. The Dow as lost more than 1300 points since July 21st.
This is the biggest Wall Street Crash since October of 2008. Rather than calming down concerns, the debt deal seemed to do the opposite. Look for further losses in the coming days as traders look at the overall economy and job market.
Tags: dow jones, wall st crash