Bonzer Wolf™ (bonzerwolf) wrote,
Bonzer Wolf™

  • Mood:

YES we can?

Wall Street ushered in the Obama presidency with a record Inauguration Day 
slide amid fresh signs the global bank crisis was far from over.
 * An index of bank stocks lost 19.7 percent on fears
of more losses.
 * The Dow Jones industrial average fell 332.13 points, or 4.01 percent, 
to end at 7,949.09. The S&P 500 Index .SPX slid 44.90 points, or 5.28 percent, 
to finish at 805.22. The Nasdaq Composite Index
tumbled 88.47 points, or 5.78 percent, to close at 1,440.86.

New President, Same Old Street -

Tags: economy, recession

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