Why all these headlines of a Dow 11-year low? The Dow dropped to 7,181.47 intraday in October 2002. Are the financial headline writers at Yahoo, etc., that incompetent...or desperate for readers?
At the time I write this Today's current low = 2009 low > 2002 low Despite widespread innumeracy, that still holds.
Journalists tend to focus on closing highs / lows rather than intraday figures. My data says the 9 October 2002 closing low was 7286.27. So one the Dow broke this level, they claimed it was at a 11 year low, even though the intraday low of 10 October 2002 was not breached.