How much did your net worth drop today?
Nov 26, 2007 at 7:53 PM by Political Chase
The stock market tumbles again. If this continues, 2008 is going to be more "It’s the economy, stupid" than getting out of Iraq or immigration.
The Standard & Poor’s 500-stock index fell 2.3 percent and the Dow Jones industrial average tumbled 237.44 points, or 1.8 percent, to 12,743.44. Both indexes are now down more than 10 percent from their record close on Oct. 9, the generally accepted definition of a market correction.
The Nasdaq composite index was off 2.1 percent, putting it more than 11 percent below its peak on Oct. 31.
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