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Worst Stock Market Performance*
Iceland
While the U.S. stock market has certainly suffered in 2008—the Standard & Poor's 500-stock index had lost 38% of its value through Dec. 8—plenty of other markets were hammered even worse. The OMX Iceland 15 Index fell 77% on a single day in October and is down 90% for the year.
*According to most recent data as of Dec. 8 from Bloomberg
