February 27, 2007
Reported by KPLC Staff
Many people are happy that the trading day is over.
Led by a fall in the Chinese markets this morning, U.S. stocks tumbled at a rapid rate today falling as low as 546 points at one point.
It's the biggest single day slide in 3 1/2 years. The huge sell-off fanned worries that stocks valuations are too high and that U.S. economic growth is slowing.