Economy/Business News Alert: Stocks plummet on Europe’s banking worries

---------------------------------------- Economy/Business News Alert: Stocks plummet on Europe's banking worries August 18, 2011 4:07:31 PM ---------------------------------------- Stocks plummeted Thursday as worries over Europe's banking sector again gripped investors and reignited the broad sell-off that roiled global markets last week. The Dow Jones industrial average closed down 419 points or 3.7 percent. The Standard & Poor's 500 dropped more than 53 points or 4.5 percent, and the tech-heavy Nasdaq composite index was down 131 points, or 5.2 percent. http://link.email.washingtonpost.com/r/KYNZS9/UUO04N/BIUPZK/2RYHYN/31X8S/82/h For more information, visit PostBusiness.com ---------------------------------------- Get a unique daily review and analysis of the debt, deficit and economy debate. Sign up for Behind the Government Showdown: http://www.washingtonpost.com/ac2/wp-dyn?node=admin/email/express&action=subscribe&newsletter_code=GVTSHTDN ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071