Log in  |  Register   Sat, November 21, 2009
SEARCH: Past 14 days Archives

Wall St. faces record losses in last week of 2008

By Associated Press
Sunday, December 28, 2008 -
EmailE-mail   PrintablePrint   Comments(0) Comments   LargerSmallerText size  Bookmark and Share Share  

NEW YORK - Investors are preparing to close out the last three trading days of 2008 with Wall Street’s worst performance since Herbert Hoover was president.

The ongoing recession and global economic shock pummeled stocks this year, with the Dow Jones industrial average slumping 36.2 percent. That’s the biggest drop since 1931 when the Great Depression sent stocks reeling 40.6 percent.

 
The article you requested has been archived
 
All coverage within BostonHerald.com from the last 7 days remains free of charge. Articles do not always include original photos, charts or graphics.
» Click for access to article within the archive
Advertisement

Related Articles

Stocks fall for 3rd day as dollar strengthens

NEW YORK — The stock market ended a down week with light selling as investors...

Crude prices follow world markets downward

NEW YORK — A global sell off on equity markets dragged down crude prices by...

Stock market falls as home construction slows

NEW YORK — Stocks drifted lower today after an unexpected drop in home construction...
Advertisement



Contact us  |   Print advertising  |   Online advertising  |   Herald history  |   News tips  |   Electronic edition  |   Browser upgrade  |   Home delivery  |   Herald wireless

$ave on Boston Herald Home Delivery

Jobs with Herald Media

For back copy information and more information on other collectible copies please call 617-426-3000 Ext. 7714.  Click here for Celtics, Patriots and Red Sox back copies

N.I.E. Smart Edition Mass Literacy Foundation