- EXCERPTS and IMAGES: Warren Buffett & Bill Gates - Keeping America Great
- What Happened to Cypress Semi?
- Lightning Round: Raytheon, Salesforce.com, Pepsi and More
- Lightning Round OT: Apache, Brocade, Allergan and More
- Cramer Goes One-on-One With Costco CEO
- Cramer: The Real Reason Stocks Fell Thursday
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- Your First Move For Friday November 13th
- Web Extra: Options Action Suggests Next Tech Takeover
- Lions Gate 'Interested' In MGM?
MOST SHARED
- Warren Buffett and Bill Gates Share Their 'Optimism' With Eager Columbia Business Students
- Cities With the Most Home Price Reductions
- Pharma & Social Media
- Warren Buffett's $100,000 Offer and $500,000 Advice for Columbia Business School Students
- Disney Profit, Sales Top Street Forecasts; Shares Jump
- China Fourth Quarter Growth Could Hit 10%: Official
- Despite Rhetoric, Obama Has Limited Options To Boost Jobs
- Disney CFO and Parks Chief to Swap Roles
- Housing Recovery 'Still In Uncharted Territory': HUD Secretary
RSS FEED
» Help
powered by digg
Oct.06
11:57 AM ET
Monday, 6 Oct 2008
A Bad Case of the Mondays
Posted By:Robert Hum
Topics:Nasdaq | Dow Jones Industrial Average | Stock Market
Starting the week off on a sour note is nothing new for the markets. Falling over 500 points today, the Dow continues a trend it started three months ago. Since July, the Dow [&DJI
Loading...
()
] has posted gains on only 2 of the last 13 Mondays (including today). In fact, the index’s performance on each of the last three Mondays has been particularly weak – with declines of 504, 373, and 778 points.
Other notable numbers on this weak Monday:
- The Dow Industrials fell below 10,000 for the first time since October 2004. Recall, it first closed above 10,000 in March 1999.
- The Nasdaq Composite is poised for its first close below 1,900 since September 2004.
- The CBOE Volatility Index, often referred to as “The VIX” [VIX
Loading...
()
], has soared to levels not seen since the late 1980s. Often used as a measure of fear in the markets, the VIX hit a high today of over 56. If these highs hold at the close, it will be the first time the VIX closes above 50 since November 1987.
Comments? Send them to
© 2009 CNBC.com
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- They may have wrecked their companies or saved our economy. Tell us what you think.
- Big pharma embraces social media, but how much should a tightly regulated sector say on Facebook or Twitter?
- A European dating site finds lovelorn singles from one country to be consistently uglier. Which is it?
- Contributor David Pogue looks at two of the latest efforts to perfect the digital pocket camera.
- PepsiCo is ramping up its onsite health facilities for workers.
MORE FROM CNBC










