Investors flee stocks in bruising bear market

NEW YORK — In another roller-coaster day on Wall Street, stocks continued their historic downward plunge as investors fled stocks to get out of the way of a bruising bear market. The heavy selling carried over from Thursday's late-day plunge to the start of trading Friday. The Dow Jones industrial average plunged almost 700 points right at the open, mounted a full recovery that put the Dow in the black for a few minutes, before selling off again. At 2:00 ET, the Dow was down 556 points to 8023, extending its year-to-date losses to 39.5%. MORE ACTION: IMF chief calls for countries to act forcefully together ON DEADLINE: Recordings of Treasury conference call offer 'rare inside look,' In the past 10 trading sessions, the Dow has dropped 28%, eclipsing the nearly 22.6% drop it experienced during the one-day crash in 1987. The... [read full story]                    

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