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Stocks dive, Dow off 376 on world economic worries - Yahoo! NewsStocks dive, Dow off 376 on world economic worries
NEW YORK – Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the U.S.
The Dow Jones industrial average fell 376 points, its biggest one-day point drop since February 2009, and all the major indexes were down well over than 3 percent. Meanwhile, interest rates fell sharply in the Treasury market as investors once again sought the safety of U.S. government debt.
Odd to see investors using the debt of the United States as an investment shelter.
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20th May 2010 03:16 PM #1Senior Member Array
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Stocks dive, Dow off 376 on world economic worries
Injustice anywhere is a threat to justice everywhere."
Martin Luther King Jr., Letter from Birmingham Jail, April 16, 1963
"When rules are selectively administered, when bias influences who is punished and who is not then everyone will begin to doubt the justice of the system."
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21st May 2010 12:05 AM #2Senior Member Array
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They're running to daddy. What did you expect?
Originally Posted by Divine Wind
Liberals live their lives in fear, clinging to their bongs, welfare checks and JFK photos singing Kumbaya and dreaming of rainbows
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21st May 2010 07:27 AM #3Senior Member Array
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That brokers would tell their clients to invest in canned goods and shotguns.
YouTube - Gremlins 2, Canned food and shot guns.Injustice anywhere is a threat to justice everywhere."
Martin Luther King Jr., Letter from Birmingham Jail, April 16, 1963
"When rules are selectively administered, when bias influences who is punished and who is not then everyone will begin to doubt the justice of the system."
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23rd May 2010 06:42 PM #4Senior Member Array
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Now That's Funny!
Liberals live their lives in fear, clinging to their bongs, welfare checks and JFK photos singing Kumbaya and dreaming of rainbows
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