Darkness before the Dawn . . .

John McCain states, today "The Economy is fundamentally sound . . .

-464.50
(-4.07%)
Dow 10,957.49

-74.89
(-3.31%)
Nasdaq 2,186.38

-53.98
(-4.31%)
S&P 1,197.72

The Dow Jones industrial average (INDU) lost 500 points, or 4.4%, according to early tallies. It was the biggest one-day point decline for the Dow since Sept. 17, 2001, when the market reopened for trading after having been closed in the aftermath of 9/11 terrorist attacks.

The Standard & Poor's 500 (SPX) index lost 4.5% and the Nasdaq composite (COMP) lost 3.6%.

Global markets tumbled as investors reeled after Lehman Brothers filed for bankruptcy, Merrill Lynch was forced to sell itself to Bank of America and investors awaited AIG's restructuring announcement.

Remember, it is all the Democrats fault . . .

Flash