Breaking News Alert
The New York Times
Monday, August 25, 2008 -- 4:27 PM ET
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Bank Worries Weigh on Markets as Stocks Drop
Shares that went up on Friday plummeted on Monday. The
markets dropped on Monday after a flurry of disappointing
news about several major financial institutions.
At the close, the Dow Jones industrial average was down
241.81 points, or 2.08 percent, and the broader Standard &
Poor's 500-stock index had declined 25.36 points, or 1.96
percent. The technology heavy Nasdaq was down 2.03 percent of
49.12 points.
Read More:
http://www.nytimes.com/?emc=na
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