Word: fallen
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Dates: during 1980-1989
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...America's 12 million shareholders in stock mutual funds, these are indeed uncomfortable times. Since the market peaked in August, the assets of equity-based mutual funds have fallen 21.1%, from $234.3 billion to $185 billion. That was a slightly worse showing than the market as a whole, as measured by the Standard & Poor's Index of 500 stocks, which fell 20.9%. Fidelity's flagship Magellan fund, worth $12 billion in August, has shed 31% of its value. Pioneer II, a $4.4 billion fund three months ago, has lost...
...private sector are also set by the Sandinistas. The Soviet Union has underwritten most of the direct costs of the war against the contras, but it has been less willing to fill what might be called the Micawber Gap, the expanding gulf between income and expenditure. Exports have fallen from $636 million in 1977 to an estimated $230 million this year. Imports have remained fairly constant at about $750 million a year. One result of the trade imbalance: Nicaragua's foreign debt has risen from $1.6 billion when the Sandinistas came to power to more than $6 billion. Moscow...
...mighty Quakers have fallen. The question which this week concerns the Harvard football team is who will they take down with them...
...limit the number of futures contracts a broker could execute in a day. But at hearings last week in Washington, Merc President William Brodsky argued that the sale of index futures had a stabilizing effect on Black Monday. Without that escape valve, Brodsky suggested, the Dow would have fallen another 100 points...
...spirited rally on Tuesday and Wednesday, the Dow was still down an unprecedented 295.98 points, or 13.2%, for the week. That immediately eclipsed the record 235.48-point decline the market had suffered the previous week. From its peak of 2722 in August to its Friday close, the average has fallen 28.3%, burning up an estimated $870 billion in equity values. Volume for the week was inconceivably greater than ever before, totaling 2.3 billion shares on the Big Board; the four heaviest trading days in New York exchange history all occurred last week. The turnover strained the exchange's computer network...