Dow Plumbs The Depths Of Last Fall
May 22, 2009 by admin
Dow Plumbs The Depths Of Last Fall
Concerns about deteriorating financial situation in countries like Romania and Hungary lead to huge sell-off that began overseas and crashed on Wall Street; Dow Jones industrial average falls 297.81 points, or 3.8 percent, to 7,52.60, which is almost same as close on Nov 20; Standard & Poor’s 500-stock index slides 37.67 points, or 4.6 percent, to 789.17; Nasdaq composite index falls 63.70 points, or 4.2 percent, to 1,470.66; price and yield of 10-year US Treasury note noted; Moody’s Investors …
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