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Dow slumps below 10,000

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Uploaded by on Oct 6, 2008

Oct 6 - U.S. blue chips closed below 10,000 for the first time since October 2004 as growing worries of a global economic recession knocked the wind out of investors around the world.The Dow halved an 800-point deficit to close only 369 points lower at 9,955. The S&P 500 fell 42 points to 1,056. The Nasdaq lost 84 points to 1,862.

Crude oil prices lost more ground to settle at $87.81 a barrel.Conway Gittens reports from New York.

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  • the illeteral conclusion of the indexes is but a forward looking outcome of the appropriate rate of decline

  • my bad...i meant to invest in like nasdaq or dow....

  • do you think that you could buy $500.00 worth of stock and make a killing a year from now for an average broke college person if you have money to invest that you dont need????EVERYBODY REPLY TO MY COMMENT SINCE YOU VIEWERS PROBABLY ARE EDUCATED IN THE ECONOMY AND STOCKS.....PLEASE.

  • On further consideration. Deregulation. May have been a mistake.

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