Traders work on the floor of the New York Stock Exchange in the final minutes of the trading session in New York, October 9, 2008. (Xinhua/Reuters Photo) Photo Gallery>>>

Dow Jones average dips below 8,600 on panic sell-off

    NEW YORK, Oct. 9 (Xinhua) -- The Dow Jones Industrial Average dipped more than 7 percent Thursday as panic sell-off dominated markets.

    Investors worried that higher borrowing costs could make carmakers, insurers and energy companies the next victims of the credit crisis. Full story