WKYT | Lexington, Kentucky | News, Weather, Sports

Dow Plunges Nearly 500 For Second Straight Day

NEW YORK (AP) - Wall Street sent stocks down sharply for a second straight day.

The weakness comes ahead of tomorrow's October jobs report,
expected to reflect damage from the economic downturn. Thursday,
retailers told of declining sales last month, as consumers avoided
many non-essential purchases.

The Dow fell 443 points to 8,695. The S&P declined about 48 points to 904. And the Nasdaq composite was down nearly 73 points to 1,608.

Declining issues outnumbered advancing stocks by a 5 to 1 on the New York Stock Exchange. Volume on the NYSE came to 5.9 billion shares. Nasdaq stock market volume was 2.4 billion shares.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 34050439 - wkyt.com/a?a=34050439