U.S. Stocks Plunge Again; S&P 500 Posts Worst Week Since 2002 on Debt Woes

(Bloomberg) -- U.S. stocks plunged for a second day
after concern the global boom in takeovers is ending sent the
Standard & Poor's 500 Index to its worst weekly drop in five
years.

Marsh & McLennan Cos., Wyndham Worldwide Corp. and Dillard's
Inc. pushed the Standard & Poor's 500 lower as investors
abandoned shares that had risen on takeover speculation. Baker
Hughes Inc., the world's third-biggest oilfield contractor,
helped send energy shares to the steepest drop in the S&P 500
after reporting a decrease in earnings.


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