The Stock Market Tanked Today Anyway


Even though Congress finally raised the debt ceiling today, the stock market still plunged, with the Dow shedding 266 points and the S&P 500 hitting a seven-month low. Why? Why can't you just be happy for one day?

Consumers cut their spending in June; U.S. manufacturing barely grew last month, and economic growth in the first half of the year was the weakest since the recession ended in 2009.

Oh, right. That.

Stocks Summary Box: Dow, S&P have longest slump since '08 [AP]