Saturday, October 11, 2008

Dow Jones Industrials Finished With Triple-digit Loss

In an historic week, the markets posted declines as the Dow Jones Industrials fell more than 1,800 points to finish below 9,000 and the major indices were saddled with sharp double-digit percentage declines.

The Dow Jones Industrial Average lost 128 points (1.5%) to close at 8,451, the S&P 500 Index fell 11 points (1.2%) to 899, while the Nasdaq Composite rose 4 points (0.3%) to 1,650. Crude oil dropped $8.89 to $77.70 per barrel, and gold ended down $36.10 at $850.40 per ounce. For the week, the DJIA and the S&P 500 Index were down 18.2%, and the Nasdaq Composite fell 15.3%.

Magnificent Seven Update



Weekly Update Of Magnificent Seven ETFs