Haircuts for all on Wall Street Thursday, Dow Jones dives 458 points

NEW YORK, New York - A day after investors breathed a sigh of relief, sellers swarmed U.S. stock markets on Thursday, giving free haircuts to buyers who bore into the market on Wednesday.

At the end of the day, carnage was everywhere, with all the major indices bearing heavy losses. The U.S. dollar was also sold off sharply, particularly against the euro and British pound.

"The gloom is back, and it's even