Stocks plunge to 5-1/2 yr low

Nov 19 - The Dow dropped below 9,000 for the first time since March 2003 as the threat of bankruptcy in the auto sector added to fears of an extensive economic slowdown.Blue chips tumbled 427 points, down 5 percent, to 7,997. The S&P 500 lost 52 points, or 6.1 percent, to 806. The Nasdaq shed 96 points, or 6.5 percent, to 1,386. Crude oil prices fell to $53.62 a barrel. Conway Gittens reports from New York.

YouTube | November 19, 2008

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