CHICAGO - JANUARY 22: Traders wait for the close of the market in the Dow Jones Industrial Average stock index futures pit at the Chicago Board of Trade January 22, 2008. The Dow Jones industrial average, down 465 points shortly after trading began, rebounded some during the day but still closed down 128.11 at 11,971.19 despite the Fed's attempt to prop up the markets with an unexpected federal funds rate cut to 3.50 percent.