Stocks tumble as Street worries about financials
Advertisement
Text size: small | medium | large
Associated Press
Published: October 7, 2008
Wall Street has had yet another dismal day, extending its heavy losses as investors’ worries about the financial sector wiped out early enthusiasm over the Federal Reserve’s efforts to inject confidence into the credit markets.
Trading remained fractious and grew more turbulent in the last hour, with the Dow Jones industrial average losing more than 500 points and all the major indexes falling more than 5 percent.
This latest plunge, which followed a big drop on Monda
Post a Comment
The commenting period has ended or commenting has been deactivated for this article.
Can't find what you're looking for? Try our quick search:
