As of 2:32, the DOW was down 741 points. The DOW dropped below 10,000 at around 10:20AM and has slid down hill the whole day. The market average has not been this low since October of 2004.
The headline is a bit facetious. Trying to figure out the day to day movements of the stock market is a fools game. Still, it does show that this idea that ok we'll pass this one plan and everything will stabilize is wrong. There are still big problems in the world economy, and the markets won't really be stable until all the bad debt is worked out.
Dow closed down about 400 points, just below 10,000.
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