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Dow Closes Under 10,000 for First Time Since 2004

October 6, 2008 - 5:15pm
By The Associated Press
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 catalyst for the selling, which also took the Dow below 10,000 for the first time in four years, was investors' growing despair that the spreading credit crisis will take a heavy toll around the world.

Crisis in review

September 25, 2008 - 12:49am
By David Stein

Johnson School Panel Discusses Wall Street Crash

September 24, 2008 - 11:00pm
By Elizabeth Manapsal

“Expediency is not a good guide for policy, and that is where we are right now,” said Prof. Maureen O’Hara, the Robert W. Purcell Professor of Management in the Johnson School of Management.

As Congress continues to debate Bush’s proposed $700 billion economic recovery plan, last night a panel of professors from the Johnson School analyzed the causes of the financial crisis and offered solutions for the future. Over 250 people attended the discussion.

Moderated by Prof. Doug Stayman, marketing, and the associate dean for curriculum at the Johnson School, the Market Crisis Panel addressed the tumultuous events in the finance world that have happened over the past days.


Dow Continues to Teeter, Dropping 372 Points

September 22, 2008 - 6:18pm
By The Associated Press
Elation in the financial markets over the $700 billion bank bailout plan evaporated Monday and was replaced by all-too-familiar anxiety, pummeling stocks and sending oil prices to their biggest one-day gain.

Dow Rallies for Gain of 400 Points

September 18, 2008 - 3:22pm
By The Associated Press
Wall Street rallied in a stunning late-session turnaround Thursday, shooting higher and hurtling the Dow Jones industrials up 400 points following a report that the federal government may create an entity that will take over banks' bad debt.

Nightmare on Wall St. Continues with 450 Point Drop

September 17, 2008 - 6:20pm
By The Associated Press
The Dow Jones industrial average, which only two days earlier had suffered its steepest drop since the days after the Sept. 11 attacks, lost another 450 points. About $700 billion in investments vanished.

Stocks Surge to Record Highs

October 1, 2007 - 6:39pm
By The Associated Press