On Wall Street, Dow Jones Average Sinks Below 10-Thousand
529 views · Published 7 October 2008 · 2:38 · Indexed 20 September 2026
Channel: Voice of America · 2008 · News & Politics
Wall Street saw another extraordinary day Monday with the Dow Jones Industrial Average plunging as much as 800 points before recovering to close 370 points down. Despite the $700 billion bailout passed by U.S. lawmakers last week, analysts say there is growing fear that the credit crisis is spreading around the world. The concerns came as a U.S. House Committee began hearings Monday on the causes of the current financial crisis.
