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...realities the market's fall reflects. That's why the Democratic presidential hopefuls have been talking about nothing but spending cuts, which--it is hoped--would drive down the deficit and create a climate in which speculators would reenter the market. The purpose? Simply to drive up the Dow Index which it is so comforting to misconstrue as a measure of general economic prosperity...
Uncertainty prevails among the 2,000 dealers in the brand-new Kabutocho exchange building as they try to make sense of Friday's record loss in New York. What will happen on Wall Street later today? The Nikkei Dow Jones index of 225 traded stocks falls from...
Traders in red waistcoats on the Hong Kong Stock Exchange floor trade in a rush as the Hang Seng index of 30 stocks opens at 3783. In 40 minutes, it drops 133 points. The index ends the day down 421, the worst point loss ever. Officials close the exchange for four days...
...measured by Wilshire Assocaites' index of more than 5000 stocks, the market gained $106.5 billion. That compared with a $500 billion loss on Oct. 19, when the Dow Jones industrial average plunged an unprecedented 508 points...
Traders said they were encouraged by the market's showing on Tuesday and Wednesday, in which the Dow Jones blue-chip index rose nearly 53 points. Investors have been slowly moving back into the market picking up stocks considered greatly undervalued, they said...