Worst day in 3 months

That's the headline on CNN's Money, Worst day in 3 months which really is not as bad as it could have been. It could have been worst day in 6 months, 1 year, 5 years, etc.

The market fluctuates up and down at times by events that most of us would not even blink over, but it's enough to send the market into a tizzy...


What was the reasoning for today?

Stocks slumped for a third straight session Friday, on worries that the White House's bank plan and China's lending curbs will mean a broader cutback in lending.

Questions also arose over whether Fed Chairman Ben Bernanke's term will be renewed.