Concerns over double-dip recession and euro zone debt crisis triggered a huge sell-off in the global equity markets, with the Dow Jones losing more than 500 points.
The Dow Jones ended the day 4.31% lower at 11,383.68, the S&P 500 ended the day 4.78% lower at 1,200.07, and the Nasdaq ended the day 5.08% lower at 2,556.39. All three major indexes now have negative returns for the year.
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