September 29th, 2008
Depression-era soup line
The S&P 500 retreated 106.59 points to 1,106.42, as only one company gained, Campbell Soup Co. The benchmark index for American equities slipped to a four-year low. The Dow Jones Industrial Average lost 777.68, its steepest point drop ever. The MSCI World Index lost as much as 86.99 to 1,163.38, giving it the steepest intraday percentage drop since its creation in 1970.