The Dow Jones Industrial Average fell 4.2% this week, the S&P 500 dropped 4.4%, and Nasdaq was down a whopping 5.9%. For the DJIA and S&P 500 it was the worst week points-wise since July of 2002 and the Nasdaq experienced its biggest points decline since September of 2001. Overall, U.S. stocks had experienced 45 consecutive months without a drop of 2% in a single trading session, that is until Tuesday of this week when the slide began.
Friday, March 02, 2007
WORST WEEK FOR U.S. STOCKS IN MORE THAN FOUR YEARS
The Dow Jones Industrial Average fell 4.2% this week, the S&P 500 dropped 4.4%, and Nasdaq was down a whopping 5.9%. For the DJIA and S&P 500 it was the worst week points-wise since July of 2002 and the Nasdaq experienced its biggest points decline since September of 2001. Overall, U.S. stocks had experienced 45 consecutive months without a drop of 2% in a single trading session, that is until Tuesday of this week when the slide began.
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