Markets striking new lows after 1 1/2 hours, with S&P futures approaching their...

|By:, SA News Editor

Markets striking new lows after 1 1/2 hours, with S&P futures approaching their overnight-session bottom of 711.25. DJIA -2.5% to 6884. S&P -2.8% to 715. Nasdaq -2.15% at 1348. Crude -9.6% at $40.50. Gold -1% to $933.50.