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- HP Earnings: How Much Will "Hurt" From Economy?
- Obama Warns On Economy: Works On Stimulus Plan
- Citigroup's Ills May Signal Market Isn't Near Bottom
- US Inflation Bonds Hit by Deflation, May Recover
- Pros Say: Market Will Drop 5-10% — Ford Will Boom
- Bonds Drop on Profit-Taking, Geithner Move
- Jack Welch on Detroit: Let Them Go Bankrupt
- Bank Shareholders Face 'the Unthinkable': El-Erian
- Heinz Profit Rises, Thanks to Hedging
- Pops & Drops: Hewlett-Packard, JP Morgan & Air Wagoner
- Mad Money Green Week: Owens Corning
- Fast & Furious: It's All About Soup
- Web Extra: The Trade on Walmart and RIMM
- Chartology: Grossly Oversold and Favoring the Upside
- The "Armageddon" Gameplan
- What's Next for Citigroup?
- What to Expect From a Geithner-led Treasury
- Value Trading Opportunity of a Lifetime?
October 16, 1987: Friday Before The Fall
Having fallen sharply the previous day, the Dow Industrials suffer a triple-digit loss for the first time ever, closing at 2246 in unusually high trading volume on the New York Stock Exchange.
The third day of the "selling avalanche" and the first time ever the Dow lost triple digits. The index posts a near-10% decline on the week. Comparisons with the crash of 1929 inevitably come up but are quickly written off. A bull-bear debate starts to boil -- for a day! [01:22] |
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