Word: slided
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Dates: during 1980-1989
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Tokyo traders called it the week of haran, or turbulence. On Monday the value of the 225-stock Nikkei share index exchange fell 1,096 points, the third biggest loss ever. But after the slide, the Nikkei climbed by 731.15 points on Friday, its third biggest rise ever, and an additional 563.87 points on Saturday. Controlling the effects of the second-week crash posed a substantial challenge for the lame-duck government of Prime Minister Yasuhiro Nakasone, who hands over power on Nov. 6 to his successor, Noboru Takeshita. Following Monday's precipitous slump, the Japanese Finance Ministry quietly pressured...
When I read about the market slide...
...happy and you know it, clap your hands," sang the visitors on the tour bus. After a meal at the Heavenly Fudge Shoppe and a run down the kamikaze water slide in the Heritage Island water park, I too was in a good mood. I had spent the morning communing with the spirit of Tammy Faye, and I was inspired to heed her message. Shop...
...lower level, yielding a substantial profit that will offset some of the loss sustained on the stocks. But traders who buy the futures hedge their positions by making computer-aided sales of the underlying stocks, driving the market down further. If computers did help accelerate the Black Monday slide, they were not responsible for it. As an IBM executive once said, "Computers don't kill stock markets. People...
...looked less like a protective operation, in which U.S. warships quietly go about keeping Kuwaiti oil tankers out of harm's way, and more like a direct face-off between Iran and the U.S. -- a situation that, given the state of high dudgeon on both sides, could easily slide out of control. Secretary Weinberger, having made his point militarily, tried to turn down the rhetoric. "We do not seek any further confrontation with Iran," he said, "but we will be fully prepared to meet any escalation of military actions by Iran with stronger countermeasures." President Reagan was somewhat blunter...