BloodBath at Wall Street – Dow Sheds almost 700 Points | Startup Meme - Technology Startup and Latest Tech News

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Dec 1 2008

BloodBath at Wall Street – Dow Sheds almost 700 Points

Bilal Hameed 

Dow Jones Doom

Wall Street had a pretty bloody session today. Dow was down almost 700 points which amounts to a drop of almost 7.7%, that’s just massacre for a single day. Was it because of the MarketWatch report which officially declared that the US economy is now in recession or has the market suddenly discovered something else.

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