Techs pace Wall Street decline
Recession fears hammered stocks again Thursday afternoon, the third straight down day on Wall Street, with the technology-fueled Nasdaq leading the decline. The Dow Jones industrial average lost over 170 points, or 2%, with under 2 hours left in the session. The Standard & Poor's 500 index lost 2.9% and the Nasdaq composite lost 3.7%. Stocks slumped Wednesday, with the Dow falling more than 500 points as dropping oil prices and worries about earnings exacerbated fears of a global recession. Both...
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
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