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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.
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.
The Dow Jones Industrial Average is seen on a board at the New York Stock Exchange during the trading day, October 6, 2008. Stocks plunged on Monday, sending the S&P 500 down more than 5 percent and the Nasdaq down more than 6 percent, on fears the widening credit crisis would drag the global economy into recession.
A board over the trading floor shows the Dow Jones industrial average jumping 485.21 points, or 4.68 percent, to 10,850.66 after the closing bell at the New York Stock Exchange September 30, 2008. Wall Street roared back on Tuesday, a day after its worst sell-off in 21 years, as investors bet Washington would revive a plan to stabilize the U.S. financial sector after Monday's surprise defeat on Capitol Hill.
A board over the trading floor shows the Dow Jones industrial average jumping 485.21 points, or 4.68 percent, to 10,850.66 after the closing bell at the New York Stock Exchange September 30, 2008. Wall Street roared back on Tuesday, a day after its worst sell-off in 21 years, as investors bet Washington would revive a plan to stabilize the U.S. financial sector after Monday's surprise defeat on Capitol Hill.
A board over the trading floor shows the Dow Jones industrial average jumping 485.21 points, or 4.68 percent, to 10,850.66 after the closing bell at the New York Stock Exchange September 30, 2008. Wall Street roared back on Tuesday, a day after its worst sell-off in 21 years, as investors bet Washington would revive a plan to stabilize the U.S. financial sector after Monday's surprise defeat on Capitol Hill.
NEW YORK - SEPTEMBER 29: A Dow Jones digital sign announces the stock numbers at the close of the market in Times Square September 29, 2008 in New York City. U.S. stocks took a nosedive in reaction to the global credit crisis and as the U.S. House of Representatives rejected the $700 billion rescue package, 228-205. The Dow Jones Industrials recorded its biggest closing drop in history, as it fell 777 points in trading.
Traders takes a break as the Dow Jones Industrial Average plummets Monday, Sept. 29, 2008 in front of the New York Stock Exchange in New York. Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed to survive a vote in the House.
A trader takes a break as the Dow Jones Industrial Average plummets Monday, Sept. 29, 2008, in front of the New York Stock Exchange in New York. Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed to survive a vote in the House.
A trader takes a break as the Dow Jones Industrial Average plummets Monday, Sept. 29, 2008, in front of the New York Stock Exchange in New York. Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed to survive a vote in the House.