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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Despite Sell-Off, Still a Decent Week

After an up-and-down day for the markets, a last-minute sell-off sent them down again as the closing bell rang.

The Dow closed down 1.4 percent, or 127, and the Nasdaq was down .4 percent, or 6.42. The S&P closed down .6 percent, or 5.88.

Despite all that, CNBC reports this week evened out to be the best week in trading since 2003, even though it contained one of the worst days in the decade.

The Dow experienced a 560-point swing today, but that's smaller than the index has seen every other day this week.

Other breaking news so far today:

--Exclusive: The Treasury's rescue plan for the financial system has hit a snag.
--Housing starts fell to lows not seen in over a decade.

--Kim Hart

By Frank Ahrens  |  October 17, 2008; 4:28 PM ET
Categories:  The Ticker  
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