Stocks turn lower
Stocks turned lower Thursday as a turbulent session saw some afternoon selling amid Congressional testimony on the credit crisis and lingering recession fears. The Dow Jones industrial average slipped around 3 hours into the session. The Standard & Poor's 500 index lost 17% and the Nasdaq composite lost 2%. Both gauges ended the previous session at five-year lows. Stocks slumped Wednesday, with the Dow falling more than 500 points as dropping oil prices and worries about earnings exacerbated fea...
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
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