Stock Market Trading Is Halted <br />After Dow Falls 2,200 Points At opening, the S&P 500 <br />also fell by nearly eight percent. Nasdaq fell by <br />close to six percent. The plunge follows the Fed's interest <br />rate slash down to near-zero. It's likely the move by the <br />Federal Reserve was seen as a <br />desperate act to stabilize markets. Kit Juckes, Societe Generale, via NBC News Analysts also indicate that <br />the move addresses just a small part <br />of the current financial challenges. Greg McBride, Bankrate. com, via NBC News
