As a sign of how difficult the markets are, a number of large companies hit 52-week lows, with a number of stocks down between 5% and 10% and bank shares off more
Ford (F) dropped to $3.79. Apple (AAPL) fell to $91.11. Yahoo! (YHOO) dropped to $15.17.
GE (GE) fell to $20.12. Rio Tinto (RTP) sold off to $12.60. Cisco (CSCO) fell to $20.26.
Petroleo Brasileiro (PBR) dropped to $31.10. EMC (EMC) sold down to $11.03.
Sun (JAVA) dropped to $6.51. Boeing (BA) fell to $51.50. Google (GOOG) dropped to $366.58
Douglas A. McIntyre