Dow Jones Drops 1.1%, Sandamp;p 500 - 0.9%, Nasdaq - 0.6%

Vahab Rzayev; The Dow Jones industrial average dropped 1.1% to 16,197. The Standard andamp; Poor's 500 index was down 0.9%, to 1,829. The Nasdaq composite went down 0.6% to 4,219.

London's FTSE 100 went down 0.8%...