10-24-08

Wall Street Sinkhole

U.S. stocks add to worldwide sell-off, Dow down more than 300 points after Asian, European markets plunge

Current Stories...

updated 4:11 p.m. EDT, Thu October 9, 2008

Dow falls below 9,000

The Dow Jones Industrial Average lost about 660 points -- some 7 percent -- in frenzied trading during the final half hour of Thursday's session as the Treasury's eye on buying stakes in struggling banks failed to reassure investors amid the ongoing credit crisis. CNNMoney reports. full story

updated 2:54 p.m. EDT, Mon October 6, 2008

Dow down more than 700 points

Stocks tumbled today, with the Dow falling below 10,000 for the first time in nearly four years. At one point, the Dow was down more than 375 . The sell-off came despite Friday's signing of a historic $700 billion bailout bill for U.S. financial institutions. European governments also are rushing to prop up failing financial firms,

Dow falls below 10,000

Stocks tumbled today, with the Dow falling below 10,000 for the first time in nearly four years. The Dow shed more than 400 points less than an hour into the trading day. The selloff came despite Friday's signing of a historic $700 billion bailout bill for U.S. financial institutions. European governments also are rushing to prop up failing financial firms, underscoring the global reach of the credit crunch, CNNMoney reports

Dow suffers worst point drop ever

Stocks skidded this afternoon, with the Dow's nearly 778-point drop being the worst single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan. developing story

09-29-08 'No' vote crushes Dow

Dow falls as much as 730 points as the House rejects the $700 billion bank bailout plan. more

09-17-08 DOW PLUNGES ANOTHER 449 POINTS

Stocks slumped today, with the Dow industrials tumbling more than 300 points, as the government's emergency rescue of AIG exacerbated fears about the stability of financial markets. CNNMoney reports the selloff also comes in the wake of Lehman Brothers' bankruptcy and Merrill Lynch's sale to Bank of

09-16-08 Russia's Micex Index Falls Most Ever; Exchanges Suspend Trading Russia's Micex Index Falls Most Ever; Exchanges Suspend Trading ``It's panic,'' said Oleg Vorotnitsky, head of equity trading at Uralsib Financial Corp. in Moscow. ``There are problems with liquidity on the market. People are having difficulties with refinancing their positions so they started selling. Concern about AIG'' is adding to the panic, he said. Bloomberg news

09-15-08 . Stocks tumble The collapse of two Wall Street giants shook the financial markets today, sending the Dow down by more than 500 points after the opening bell, CNNMoney reports. Lehman Brothers, a 158-year-old investment bank undermined by bad real estate bets, is filing for bankruptcy. Merrill Lynch, another investment bank ensnared in the mortgage crisis, agreed to be acquired by Bank of America. full story

09-13-08. Ike blamed for 27 deaths

The remnants of the hurricane moved into Canada after the storm left a trail of destruction from the U.S. Gulf Coast to the Great Lakes

09-15-08 . Stocks tumble The collapse of two Wall Street giants shook the financial markets today, sending the Dow down by 240 points after the opening bell, CNNMoney reports. Lehman Brothers, a 158-year-old investment bank undermined by bad real estate bets, is filing for bankruptcy. Merrill Lynch, another investment bank ensnared in the mortgage crisis, agreed to be acquired by Bank of America. full story

09-11-01 Eyewitness: The twin towers fall New Yorkers fleeing in panic Panic stricken New Yorkers fled the collapsing World Trade Center BBC News Online's David Schepp was near the twin towers of the World Trade Center when they collapsed. CNN.com - Pentagon hit by aircraft, section of building gives way ...

09-11-01 ALSO... The Pentagon was a scene of devastation Tuesday after a Boeing 757 crashed into the huge military office building, setting it ablaze and forcing thousands ... renovation.pentagon.mil/Phoenix/Press%20Archive/01-09-11_cnn_pentagon.htm - 21k -