Posted at 11:11 AM ET, 08/08/2011

Nasdaq, S&P, and Dow plummet: Crisis is clear on the faces of stockbrokers


Traders work on the floor of the New York Stock Exchange (NYSE) on Monday. (SCOTT EELLS/BLOOMBERG)
U.S. stocks opened sharply lower Monday, following the lead of plummeting Asian and European markets the day after Standard & Poor’s lowered the United States' credit rating from AAA to AA+.

Whenever stocks fall, you can guarantee it will show on a stockbroker’s face. (There is even a Tumblr blog that chronicles brokers with hands on their faces. It’s hard to tell whether it’s funny or sad.)

As markets fell Monday, the faces stockbroker’s made did not bode well for our future:


A trader on the floor of the New York Stock Exchange on Monday. (SCOTT EELLS/BLOOMBERG)

A man walks past an electronic board showing stock information at a brokerage house in Shanghai on Monday. (ALY SONG/REUTERS)

Traders on the floor of the New York Stock Exchange on Monday. (JIN LEE/ASSOCIATED PRESS)

A trader at the bourse in Madrid on Monday. (ANDREA COMAS/REUTERS)

At the New York Stock Exchange. (SCOTT EELLS/BLOOMBERG)


A trader at the end of morning trading at the Hong Kong Stock Exchange on Monday. (BOBBY YIP/REUTERS)

By  |  11:11 AM ET, 08/08/2011

 
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