Wall Street plunged again Thursday on anxiety about tight credit, the flagging economy and the financial health of automakers General Motors Corp. and Ford Motor Co. A year after the Dow Jones industrial average and Standard & Poor's 500 index surged to record highs, the two major indexes are now at their lowest levels in five years.
The Dow Jones industrial average fell 678.91, or 7.33 percent, to 8,579.19.
The Standard & Poor's 500 index fell 75.02, or 7.62 percent, to 909.92.
The Nasdaq composite index fell 95.21, or 5.47 percent, to 1,645.12.
For the week:
The Dow is down 1,746.19, or 16.91 percent.
The S&P is down 189.31, or 17.22 percent.
The Nasdaq is down 302.27, or 15.52 percent.
For the year:
The Dow is down 4,685.63, or 35.32 percent.
The S&P is down 558.44, or 38.03 percent.
The Nasdaq is down 1,007.16, or 37.97 percent.
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