Word: stocked
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Dates: during 1980-1989
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...that 1987's Black Monday was preceded by a Friday plunge of 108.35 points. Last week's drop-off rekindled fears that an era of heedless borrowing by corporations and the Federal Government might finally be coming to grief. At the very least, the rout reminded investors that the stock market is a volatile place where fortunes can vanish at the touch of a computer key. After one frantic hour of selling conducted to a large extent by program trades, nearly $200 billion of stock values were wiped out last week...
...Bush Administration moved swiftly to avert any sense of crisis after the market closed. Declared Treasury Secretary Nicholas Brady: "It's important to recognize that today's stock market decline doesn't signal any fundamental change in the condition of the economy. The economy remains well balanced, and the outlook is for continued moderate growth." But Massachusetts Democrat Edward Markey, who chairs a House subcommittee on telecommunications and finance, vowed to hold hearings this week on the stock market slide. Said he: "This is the second heart attack. My hope is that before we have the inevitable third heart attack...
...feel the anxiety and the thrill [of the stock market] even though it's only a game," Nollett said...
...stock market is something you really can't learn about in class," said Steyn, who was in the top 10 percent of the 11,250 competitors in last year's contest...
...York Stock Exchange, "All of thesystems throughout the exchange have functionedextremely well throughout the day," chiefspokesperson Richard Torrenzano said. "There hasbeen no delay of any kind...