Page 31 - Dan Harrison News Today : Breaking News, Live Updates & Top Stories | Vimarsana

board in new york on monday sending the dow industrial average down more than 600 points. amid concern about the global economic slowdown triggered by the u.s. credit rating downgrade at the end of last week. president barack obama delivered a speech on monday but it was lacking fresh content and stocks continued to fall. an earlier statement by the g-7 finance ministers and governors also failed to calm investor concern. the dow fell 634 points to 10,809. it was the first time for the dow jones industrial average to fall more than 600 points since 2008 in the aftermath of the lehman...

finance ministers and governors also failed to calm investor concern. the dow fell 634oints to 10,809. it was the first time for the dow jones industrial average to fall more than 600 points since 2008 in the aftermath of the lehman shock. prices show no sign of bottoming out. they also say investors are eyeing changes in policy from the federal reserve's committee meeting on tuesday. the sharp drop in stock prices drove investors to gold and bonds. gold hit a record high of over $1700 an ounce. bonds from the u.s., italy, and spain also rose. the dollar fell to the middle 77 yen lev...