For the first time in over 11 years, the market dropped below the psychological 7,000 mark today, as investors continue to weigh concerns over a struggling financial sector, and worry over how deep and long lasting the current session is going to wind up being.
When the smoke finally settled this afternoon, the DOW showed a hefty 4.2% loss, closing all the way down at 6,763.29. The NASDAQ also took a ...Wall Street continues to suffer
Posted On Monday, 02 Mar 2009 By Michael. Under Market Updates Tags: Bad News, Foreclosures, Major Moves, Recession, unemployment, wall street
For the first time in over 11 years, the market dropped below the psychological 7,000 mark today, as investors continue to weigh concerns over a struggling financial sector, and worry over how deep and long lasting the current session is going to wind up being.
When the smoke finally settled this afternoon, the DOW showed a hefty 4.2% loss, closing all the way down at 6,763.29. The NASDAQ also took a ...Market Update – Markets close the week on a sour note
Posted On Friday, 13 Feb 2009 By Michael. Under After the Bell, Bad News, Congress, Economy, Foreclosures, Housing, Market Updates, Politics, Recession Tags: DOW, Foreclosures, Housing, NASDAQ, Obama, S&P, stimulus, wall street
Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day.
The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading.
For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...
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