Email
Password
Remember meForgot password?
Log in with Facebook
Connect your Digital Journal account with Facebook to use this feature.
Log In Sign Up   Connect
In the Media

article imageDow Drops Even Lower After The Feds Start Stepping In

article:260924:10::0
KJ
By KJ Mullins
Oct 8, 2008 in Business
By KJ Mullins.
The Dow has slide even further down as the federal government and the world's central banks cut rates. After the Feds cut the half point there was a slight surge in trade.
Wall Street is being hammered by the economical crisis that is hitting the world. The Dow Jones Industrials fell almost 200 more points by the close of trading Wednesday. The loss today wasn't as hard as Monday or Tuesday's falls but it keeps the Dow under 10,000. At the end of trading Wednesday the Dow is at 9,256.
The falling stocks were hoped to make a turn-around when the government cut the half-point.
Investors are pleased with the cut but it may not be enough to to banks back to their old lending pace.
article:260924:10::0
More about Dow, Feds, World banks
More news from
Top News
topnews-right-170788 topnews-right-170780 topnews-right-170776 topnews-right-170783 topnews-right-170786 topnews-right-170750 topnews-right-170775 topnews-right-170774
Social
Engage

Corporate

Help & Support

News Links

copyright © 1998-2012 digitaljournal.com   |   powered by dell servers
Show toolbar