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Dow closes down more than 600 points (AP)
[9 mins][Priceville, AL]
Traders work on the floor of the New York Stock Exchange Monday, Dec. 1, 2008. A litany of bad economic news has snuffed out Wall Street's five-day rally, sending stocks falling sharply as investors realized anew how troubled the U.S. economy really is. (AP Photo/Richard Drew)AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.
Obama pick gives Arizona a GOP governor (AP)
[20 mins][Arizona]

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