Another day, another heart-stopping Dow plummet
On Wednesday, the Dow Jones Industrial Average closed below 8000 for the first time since March 2003, dropping 427.47 points, or 5.1 percent.
Why, you ask? Pick your poison.
Housing starts dropped for the fourth straight month, signalling that the housing market has yet to stabilize. Housing permits also dropped -- promising further declines to come. (The 4.5 percent drop in housing… » Full Story on Salon.com
Why, you ask? Pick your poison.
Housing starts dropped for the fourth straight month, signalling that the housing market has yet to stabilize. Housing permits also dropped -- promising further declines to come. (The 4.5 percent drop in housing… » Full Story on Salon.com
