News Cycle

A look at the news, politics and journalism in today’s 24-hour media.

S&P, Dow Futures Drop 550 Points, the Most Allowed

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U.S. stock futures pointed to another large fall this monring after Asian and European markets fell on profit warnings. December futures in the Dow Jones Industrial Average and S&P 500 both fell by the maximum amount allowed, a further sign of extreme market stress. Less than two hours before the start of trading, S&P futures remained locked at 855.2, a fall of 60 points. DJIA futures fell to 8,224.

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Written by newscycle

October 24, 2008 at 8:20 am

Posted in Uncategorized

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