Blue chips fall about 5 percent
Advertisement
Text size: small | medium | large
Associated Press
Published: November 6, 2008
NEW YORK (AP) - Wall Street sent stocks down sharply for a second straight day.
The weakness comes ahead of tomorrow’s October jobs report, expected to reflect damage from the economic downturn. Today, retailers told of declining sales last month, as consumers avoided many non-essential purchases.
The Dow fell 443 points to 8,695.
The S&P declined about 48 points to 904.
And the Nasdaq composite was down nearly 73 points to 1,608.
Declining issues outnumbered advancing stocks by a 5 to 1 on the New York Stock Exchange.
Volume on the NYSE came to 5.9 billion shares. Nasdaq stock market volume was 2.4 billion shares.
Post a Comment
The commenting period has ended or commenting has been deactivated for this article.
Can't find what you're looking for? Try our quick search:
