Word: nasdaq
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Dates: during 2000-2009
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...slid more than 400 points and the NASDAQ more than 100, and if you?re looking for trends, the only thing worse than two straight days of hard-and-fast selling is two days of hard-and-fast selling sandwiched around a deep breath...
...ripples claimed Boeing, which despite an expected boost for its defense business said that the expected commercial-jet slowdown manufacturing would cause it to lay off 30,000 of its workers. And when it became apparent that institutional investors - the big money - was leading the stampede that pushed the NASDAQ below another long-ago low of1500, the mood started to look a lot like panic in the face of immeasurable uncertainty...
...thing happened: It caught on. The market bellwethers exploded, the losers stormed back, and what had been a troublingly indiscriminate selloff - and a plumbing of index levels not seen in three years - became a fast-building, last-minute comeback that left the Dow down only 144 points and the NASDAQ off by only...
...They have lost," Grasso said before the bell. Then maybe you had to wonder. Investors lopped 600 points off the Dow and 100 off the NASDAQ in under an hour, rolling both indexes back to lows nobody ever wanted to see again and very nearly wiping that relentless smile off Grasso?s face in the middle of his 10 a.m. press conference...
...became clear before long that this wasn?t going to be a coward?s panic either. The losses stabilized by late morning and actually bounced a bit off their lows before slipping again in later afternoon and then bouncing again. The final tally: The Dow down 677 points, the NASDAQ down 115 - and it did seem as if the involuntary four-day layoff didn't hurt. The machinery worked, the connections connected, volume hit a record on the NYSE and it still wasn?t anything the hastily reconstructed infrastructure couldn?t handle. A promised halt to trading...