BREAKING NEWS: The Dow Jones suffers again
BEHIND THE NEWS: The Dow, Nasdaq, and S&P have all suffered another day of losses. The Dow closed down 508 points (tied - 5th worst ever), losing 1,400 points in 5 days marking the worst 5-day point loss ever. Also, the Nasdaq reached a 4 year low closing at 1,754 points. From January 2008 - present, the Dow has lost 3,690 points (27.61%). I did some research and never has there ever a been bigger deficit than the one mentioned above during any 10 month span. Let's see how far will this rollercaoster ride takes us.
Tuesday, October 7, 2008
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