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Dow Down Sharply Over New Credit Worries - New York Times
by bucy at 1:39 pm EDT, Aug 16, 2007 |
Stocks plunged on Wall Street again today in the latest reverberations of the crunch in the American credit market. At 1 p.m., the Dow Jones industrial average was down more than 330 points, or 2.5 percent. And the Standard & Poor’s 500-stock index and the Nasdaq composite were down by comparable amounts, bringing the losses for all three indexes to more than 10 percent since their peak last month — the threshold at which the market’s fall is considered to have reached a correction.
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RE: Dow Down Sharply Over New Credit Worries - New York Times
by Decius at 2:11 pm EDT, Aug 16, 2007 |
bucy wrote: Stocks plunged on Wall Street again today in the latest reverberations of the crunch in the American credit market. At 1 p.m., the Dow Jones industrial average was down more than 330 points, or 2.5 percent. And the Standard & Poor’s 500-stock index and the Nasdaq composite were down by comparable amounts, bringing the losses for all three indexes to more than 10 percent since their peak last month — the threshold at which the market’s fall is considered to have reached a correction.
YOU have NO IDEA whats going on out there!@ NO IDEA!@#$ |
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