Dow Plunges 1,000 Points in 15 Minutes- Loses 347 On the Day …Update: Brian Williams Video Added

“The economy has stabilized.”
Barack Obama
August 5, 2009

The Dow plunged nearly 1,000 points today in 15 minutes.

Brian Williams discussed the stock market free fall with David Letterman.
This is scary stuff:

Hat Tip Martin J.

P&G lost half of its value in 15 minutes before rebounding.

The AP reported:

The stock market has had one of its most turbulent days ever. The Dow Jones industrials plunged nearly 1,000 points in half an hour amid concerns that Greece’s debt problems could halt the world financial recovery.

The Dow has managed to recover two-thirds of its losses and close down 347 at 10,520. But all the major indexes lost 3 percent in a day that recalled the market turmoil of the 2008 financial crisis.

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!