Wednesday, October 8, 2008

Dow falls below 10,000 points

Dow falls below 10,000 points
In lieu of the 700 billion dollar bailout (approval), the Dow Jones industrial average
dropped 800 points. The blue-chip index staged a modest rally during the final hour
of trading in New York to close 370 down at 9,955. However, this is the first time
the Dow has fallen below 10,000 since October 2004.