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T.G.I. Black Friday! Dow Falls Below 8,000 in Early Morning Trading
By
Jen Chung
Published Oct 10, 2008
Modified Oct 10, 2008
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By
Jen Chung
Published Oct 10, 2008
Modified Oct 10, 2008
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Investors are clutching their stomachs as the Dow Jones Industrial Average fell hundreds of points this morning, momentarily diving below 8,000 (with a 600+ drop) to under 8,000. Right now (9:48 a.m.), it's down 262 points at 8,316 points (down 3%). Nasdaq is currently down 1.5% and the S&P 500 is down 2.7%.
You can track how far the Dow is going with this one-day graph Yahoo Finance. Also interesting: the 5-day graph. And CNBC reports, "For those hoping that the seven-day blowout on Wall Street may have created a market bottom, there are two words to contemplate: Not yet."
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black friday
dow jones
economy
wall street
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
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