The Stock Playbook 11/05/08

The market plunged Wednesday as investors absorbed a stream of bad economic news and wondered how a Barack Obama presidency will help the country weather a possibly severe recession. Volatility returned to the market, with the Dow falling 486.01, or 5.05 percent, to 9,139.27.  The S&P 500 fell 52.98, or 5.27 percent, to 952.77. Prior to today, the S&P 500, the index most closely watched by market professionals, rose 18.3 percent.  The Nasdaq dropped 98.48, or 5.53 percent, to 1,681.64.

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Duration: 08:26




Posted 11-05-2008 4:37 PM by Dave Dispennette
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