Wall Street had its ups and downs last week--plenty of both. After the opening bell rang at the New York Stock Exchange on Monday, the Dow Jones industrial average plunged 45.75 points, to 1840.15, the worst one-day decline in history. Trading veterans, by now used to the spectacular gyrations of the ) continuing bull market, were relatively unfazed. For one thing, the drop represented only 2.43% of the Dow's value, a far cry from catastrophe. Sure enough, the plunge soon halted, and on Friday the Dow stormed back 36.06 points--its eighth-best day ever--to close the week at 1874.19. What really jolted...
CIRCUS TIME Wall Street reels over scandal
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