Wall Street Losses Mount -- Dow Posts Lowest Close in Five Years
The Commercial Appeal (2007-Current) › October 08, 2008
Linked as:
Summary
NEW YORK - The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two- day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.
The Dow lost more than 500 points and all the major indexes slid more than 5 percent. The Standard & Poor's 500 index saw its first close below 1,000 in five years.See the full content of this document
Extract
Wall Street Losses Mount -- Dow Posts Lowest Close in Five Years
Steps by the Federal Reserve to reinvigorate the dormant credit markets ultimately weren't enough to calm nervous i...
See the full content of this document
Sponsored links
