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The Dow Jones Industrial Average is seen on a board at the New York Stock Exchange at the end of the trading day, October 22, 2008. U.S. stocks tumbled to 5-year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy following a raft of disappointing profits and outlooks from major U.S. companies.
The Dow Jones Industrial Average is seen on a board at the New York Stock Exchange at the end of the trading day, October 22, 2008. U.S. stocks tumbled to 5 year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy following a raft of disappointing profits and outlooks from major U.S. Companies. A plunge in emerging market assets and widespread deleveraging were seen as further signs the credit crisis that has plagued the United States and Europe has begun to hit developing countries.
The Dow Jones Industrial Average is seen on a board at the New York Stock Exchange at the end of the trading day, October 15, 2008. Wall Street had its worst day since the 1987 stock market crash on Wednesday, as bleak economic data fed worries that all the efforts to unlock credit markets may not stave off a severe recession.
The Dow Jones Industrial Average is seen on a board at the New York Stock Exchange at the end of the trading day, October 15, 2008. Wall Street had its worst day since the 1987 stock market crash on Wednesday, as bleak economic data fed worries that all the efforts to unlock credit markets may not stave off a severe recession.
CHICAGO - OCTOBER 10: A trader in the Dow Jones Industrial Average stock index futures pit at the Chicago Board of Trade signals offers as a monitor above the trading floor broadcasts U.S. President George W. President Bush addressing the nation about the financial crisis October 10, 2008 in Chicago, Illinois. Early trading in the pit was volatile with the cash index down nearly 700 points in the opening minutes only to recover to an advance of more than 100 before turning sharply lower again.
CHICAGO - OCTOBER 10: A trader in the Dow Jones Industrial Average stock index futures pit at the Chicago Board of Trade reacts to trading as a monitor above the trading floor broadcasts U.S. President George W. President Bush addressing the nation about the financial crisis October 10, 2008 in Chicago, Illinois. Early trading in the pit was volatile with the cash index down nearly 700 points in the opening minutes only to recover to an advance of more than 100 before turning sharply lower again.
Broker Mark Hedrick monitors the Dow Jones Industrial Average above the Euro Dollar pit at the Chicago Mercantile Exchange October 8, 2008. The Federal Reserve led a coordinated round of global official rate cuts on Wednesday, easing by a half-point, as did the European Central Bank, Bank of England and Swiss, Canadian and Swedish banks.
The final tally for the Dow Jones Industrial Average is seen on a board at the New York Stock Exchange, October 6, 2008. Stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis.
The final tally for the Dow Jones Industrial Average is seen on a board at the New York Stock Exchange, October 6, 2008. Stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis.
The Dow Jones news ticker is reflected on a window at the NASDAQ building just before the closing bell, Monday, Oct. 6, 2008 in New York's Times Square. Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points _ their largest one-day point drop _ before recovering to close with a loss of 370.
In this Oct. 6, 2008 file photo, the Dow Jones news ticker is reflected on a window at NASDAQ just before the closing bell in New York's Times Square. Many Wall Street bankers and brokers are already scrambling to relocate their families, possessions and rarified talent to far-flung venues including Florida, Chicago, Milwaukee, Virginia, and Asia to find a job and get out from under an avalanche of layoffs.
In this Oct. 6, 2008 file photo, the Dow Jones news ticker is reflected on a window at NASDAQ just before the closing bell in New York's Times Square. Many Wall Street bankers and brokers are already scrambling to relocate their families, possessions and rarified talent to far-flung venues including Florida, Chicago, Milwaukee, Virginia, and Asia to find a job and get out from under an avalanche of layoffs.
The Dow Jones news ticker is reflected on a window at NASDAQ just before the closing bell, Monday, Oct. 6, 2008 in New York's Times Square. Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points _ their largest one-day point drop _ before recovering to close with a loss of 370.