Stocks Down 2 Percent at Market Open
With European and Asian markets tumbling overnight, the U.S. markets weren't far behind.
The Dow opened down almost 2 percent, losing 200 points. The Dow is now down 29 percent from this time last year.
The Nasdaq is down more than 2 percent, or 42 points. The S&P 500 is also down more than 2 percent, or 24 points.
As for oil, it's also down, trading at $91.51.
-- Michael S. Rosenwald
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Michael S. Rosenwald
|
October 6, 2008; 9:42 AM ET
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Posted by: Mike | October 6, 1908 10:51 AM | Report abuse
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This bailout plan just isn't going to work; here's an good blog on the markets reaction
http://www.greenfaucet.com/blogs/hanlons-pub
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