Dow below 11,000 - Blue chips plunge 600 points; VIX index at 2009 highs
As investors get their first clear shot at repricing securities following the S&P downgrade of U.S. debt, stocks are steeply in the red. Oil also is washout, while gold hits highs. Treasurys paradoxically rise.
• Oil futures tank | Gold settles at record $1,713.20 | Bank stocks battered: B. of A., Citi pace plunge