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US regulators are still trying to work out the cause of a dramatic sell off on Wall Street on Thursday night. Traders were left stunned after a plunge of nearly 1000 points in the Dow Jones Industrial Average. It was the biggest-ever fall in history, and it happened in just 8 minutes. RT's Mark Gay gives his analysis of the fall.
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The Dow Jones industrial market is down and looks to continue to head that direction. This is not good news for the worlds economies that are trying to bounce back after this recession hit many different nations. Is this a direct reflection of the Greece financial crisis?
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The Yes Men strike again. Impersonating a Dow Chemical spokesman on BBC, "Jude Finisterra" promises a huge compensation for the thousands of victims of the Bhopal disaster in which Dow Chemical's subsidiary Union Carbide India was responsible for in 1984.
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Investors' despair about financial companies and the recession has brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7000 in more than 11 years. (March 2)
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CNBC: DOW Falls Nearly 1000 Points..Market Worries as Euro weakens, Riots continue in Greece. CNBC: HUMAN ERROR IN TRADING CAUSED PLUNGE... TRADER PUSHED 'B' INSTEAD OF 'M'? www.cnbc.com DID SOMEONE HACK THE SYSTEM? www.bloomberg.com
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Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the US (May 20)
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As global investors took a bleaker view of the economy, stocks and interest rates tumbled. The Dow Jones average fell 265 points and all other major indexes fell more than 2 percent. Investigative journalist Webster Tarpley said this is evidence the stimulus and other government efforts have failed. Some of the money has aided the banks, but failed to bolster the greater economy.
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Nominal gains are for FOOLS. Special guest host Stella Concepts Youtube.com/stellaco ncepts A special thanks to John for making this very logical video. -Visionvictorymanife sto.com- Worlds gold supply running out. www.telegraph.co.uk
After the Dow briefly dipped below the 10000 mark, CBS News's Elaine Quijano reports on one of the worst days on Wall Street since April 2009 reflecting fears about European economic problems.
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Wall Street has never seen a day quite like this. The blue chips dropped almost 1000 points in less than half an hour during one of the most turbulent trading days in history.
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