Dow closes down another 5%
Bob Morris @ Oct 7th 2008 20:33 - Category: Unfiled
This on a day where the Fed announced they would take the extraordinary step of buying short-term commercial paper in hopes of unlocking the credit markets.
The Dow is now lower than when George Bush first took office.
As I write this, the Nikkei (Japan) is down 4.5% and the Hang Seng (China) is down 5% in trading on 10/08. The carnage continues.
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