Daily news and opinion from le Chat Marchet
February 29th, 2008 at 10:57 pm

Dow loses 315 on economic worries (AP)

Posted in: le Chat Marchet

A trader works on the floor of the New York Stock Exchange February 28, 2008.  U.S. stocks tumbled on Thursday as worries about the economy grew following a weaker-than-expected reading on gross domestic product and a warning from Federal Reserve Chairman Ben Bernanke that there probably will be bank failures because of the housing slump. REUTERS/Brendan McDermid (UNITED STATES)AP - Stocks fell sharply Friday after a series of depressing economic and corporate reports as well as high oil prices stoked concerns about the health of the economy. The major stock indexes fell more than 2.5 percent and the Dow Jones industrials lost 315 points.


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