After the Dow Jones Industrial Average dropped more than 500 points yesterday and gold topped a new record price, the mornings futures point to another bounce back as the volatile market trend continues. Standard and Poor’s strategist Alec Young said the news stories driving yesterday’s wild ride came from Europe where concerns about France led […]
How closely tied are the financial markets to the economy at large? In reaction to the country’s credit rating downgrade on Friday the markets had their worst day since the 2008 financial crisis yesterday as the Dow Jones dropped about 635 points and the Nasdaq was down 175. But do these numbers affect our country’s ability to […]
Markets had severe case of the Monday’s yesterday as stocks plunged. The Dow Jones industrials saw a drop of 634.76 points and not one stock in the Standard & Poor’s 500 index saw an increase. In a word, investors were in a panic, desperately trying to find anything with value to put their money in. […]
Markets around the globe have tumbled amid concerns over debt in Europe and the United States and troubled economic leadership. The Dow was down more than 512 points yesterday, Wall Street’s worst one day points decline since the official end of the recession.