Wednesday, October 15, 2008

Dow Drops 733 Plus Points

Today the Dow dropped more than 733 points. The market had some swings yesterday but closed with a rather modest loss give the last week and a half. The losses from today combining with yesterday are close to erasing the record gains made Monday. The loss is one of the highest point drops ever and the largest percentage drop since the market crash 1987. What will the markets do tomorrow, this is becoming an almost frighting thought.

"Market Snapshot

DJIA 8,577.91 -733.08 -7.87%
Nasdaq 1,628.33 -150.68 -8.47%
S&P 500 907.84 -90.17 -9.03%
S&P/TSX 9,323.85 -631.81 -6.35%

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