WALL STREET Market takes a dive on bad news ...Richmond Times-Dispatch: 2 views since Friday, September 5, 2008 at 04:54 AMMarket takes a dive on bad news NEW YORK Dejected investors sent stocks plunging yesterday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. All three major stock indexes moved back into bear market territory, defined as a 20 percent drop from a recent peak.
Published in: Major Retailers