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Posts Tagged ‘Economic’

U.S. Stocks Drop; S&P 500, Dow Post Worst Retreats Since 1937

Posted by smeddum on October 8, 2008

U.S. Stocks Drop; S&P 500, Dow Post Worst Retreats Since 1937
By Elizabeth Stanton and Eric Martin

Oct. 7 (Bloomberg) — U.S. stocks fell, sending the Standard & Poor’s 500 Index below 1,000 for the first time since 2003, on speculation banks and real-estate companies are running short of money as the credit crisis worsens. Read the rest of this entry »

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