Word: dow
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...this game before. Enron, PSINet, Trans World Airlines and WorldCom all paid out for naming rights at U.S. sporting arenas before going under earlier this decade. In fact, sponsors of major U.S. sports stadiums lost an average of 33% of their market value in 2002, roughly double the Dow's fall that year...
...economy continues its downturn, with the Dow falling more than 500 points yesterday, OCS is attempting to hedge students’ opportunities with a new push called “turning up the volume on diverse career options,” directed at expanding offerings in areas outside of finance, Mount said...
...things on Wall Street? On the day after the day Lehman Bros. died, the Dow Jones average fell 504.48 points, to 10,917.51, its lowest close since 2006, while the S&P 500 dropped 58.74, to 1,192.96. The S&P decline worked out to 4.69%, the worst percentage fall since the day markets reopened after the Sept. 11, 2001, terrorist attacks, but nowhere near the severity of the crashes...
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...
...this heavy investment insulated Harvard's endowment from rocky market conditions through April, it likely aided returns for the last two months as well. The Dow Jones-AIG Index commodity prices rose another 12 percent in May and June based largely on spikes in the prices of oil and corn futures...