Wednesday, October 15, 2008

Dow plunges 733 on new disheartening economic data

A board on the floor of the New York Stock Exchange shows the closing number for the Dow Jones Industrial Average Wednesday, Oct. 15, 2008. Despair over the economy sent Wall Street plunging again Wednesday, propelling the Dow Jones Industrials down 733 points to their second-largest point loss ever. (AP Photo/Richard Drew)

The economy lurched deeper into the doldrums Wednesday and took the stock market down with it, sending the
Dow Jones industrials to a staggering 733-point loss and erasing any hopes that the convulsions that have shaken Wall Street for a month were over.

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