News Dow Drops Below 10,000
posted by October 6 at 8:01 AMon
The selling on Wall Street began at the opening bell on Monday and only intensified as the morning went on. Shares moves sharply lower as the banking crisis tightened its grip on the global economy.
The Dow Jones industrial average fell below 10,000 for the first time since 2004 after losing more than 500 points in the first hour. The index has lost more than 1,100 points—or about 10 percent—in slightly more than a week.
Remember when we elected our first CEO president?