Stocks came spiraling down today amid the news concerning Lehman Bros. In fact, the Dow Jones dropped 504 points, its worst single day loss since the reopening of the stock market after 9/11.
The news isn't getting any better either. As of 9:30 tonight, the Asian stock markets were crashing down over 7% in some cases. This is coming in reaction to the US market downturn.
The outlook for tomorrow doesn't look bright either. Futures are already sitting down over 150 points. There is additional concern that insurer AIG may not make it through the night either. Buckle up everyone!