Daily news and opinion from le Chat Marchet
October 6th, 2008 at 6:40 pm

Dow finishes below 10,000 for first time since ‘04 (AP)

Posted in: Uncategorized

Trader John Santiago leans on a phone post on the New York Stock Exchange floor, Monday Oct. 6, 2008. Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points — their largest one-day point drop — before recovering to close with a loss of 370.  (AP Photo/Richard Drew)AP - Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004.


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