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On Monday, the first stock trading day since the S&P downgrade of America’s credit, the market slid down 634.76 points. Tuesday, newspapers across the U.S. and the world reacted to the news with ominous headlines and, of course, images of downtrodden traders. Here are the day’s best headlines.
Tuesday, Aug. 9, 2011
While the major sell-off could have been expected after the U.S.'s credit downgrade, traders around the world remained stunned all day, not knowing how low the markets could go.
Tuesday, Aug. 9, 2011
The Californian used the most telling headline: the precise point-loss of the day.
Tuesday, Aug. 9, 2011
A simple play on words. But oh-so effective.
Tuesday, Aug. 9, 2011
Straying from the standard images of the stock market, the Tampa Bay Times went for a feeling instead: the fact that our stocks are on a roller coaster ride.
Tuesday, Aug. 9, 2011
Obama's afternoon rallying cry "didn't save Wall Street" from massive sell-offs, the Italian newspaper notes.
Tuesday, Aug. 9, 2011
Traders with their heads in their hands. A dark day indeed.
Tuesday, Aug. 9, 2011
The New York tabloid settled for a picture of Obama in the wake of his afternoon press conference where he attempted to buck up the nation, announcing "we've always been and always will be a triple-A country."
Tuesday, Aug. 9, 2011
Nothing left to the imagination here.
Tuesday, Aug. 9, 2011
This stunned stock trader couldn't even be bothered to hang his head in his hands.
Tuesday, Aug. 9, 2011
Even sunny, summery Maine took concern with the market drop, choosing the alliterative route to top their paper.
Tuesday, Aug. 9, 2011
The suburban Chicago paper crafted a clever image of the falling stock graph melting into a stunned stock trader.
Tuesday, Aug. 9, 2011
Step aside Elm Street, the terror has invaded a very different street - and this one happens to be a world financial center.
So much for keeping Facebook out of China.
Felix Roque allegedly hacked the email account associated with the website and nixed the domain registration in an effort to muzzle an insurgent political campaign to oust the mayor.
