Dow plunges below 8,600

(01:59) Report

Oct 15 - A bleak September retail sales report ignited recession fears and sent stocks sharply lower around the globe.

  • The Dow plunged 733.08 to 8,577.
  • The S&P dropped 90.17 to 907.84.
  • The Nasdaq lost 150.68 to 1,628.33

    Meanwhile Brazil's main stock index was down a whopping 14% and Europe's main stock indicies snapped a three-day winning streak closing sharply lower.

    Jeanne Yurman reports from New York.

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