New York Stocks Market Plunged

New York Stocks Market Plunged
Jul 27, 2007 03:11
JIMMYB Points: Join Date: Feb 7, 2007 Status: offline	On July 26, the Dow Jones industrial average plunged 311.50 points, which is the biggest fall since February 27. Other stocks index all experienced a big loss. This is the biggest loss of Wall Street Stock Market this year. The drop is caused by the investors' loss of confidence in credit market and the prospect of real estate market. Global stock markets were all afected by the New York decline. This is another " Black Thursday", which reminds me of " the Black Thursday in 1929". Hopefully, the 'Great Depression" will never occur again.

Jul 27, 2007 03:11

JIMMYB
Points:
Join Date: Feb 7, 2007
Status: offline

On July 26, the Dow Jones industrial average plunged 311.50 points, which is the biggest fall since February 27. Other stocks index all experienced a big loss. This is the biggest loss of Wall Street Stock Market this year.

The drop is caused by the investors' loss of confidence in credit market and the prospect of real estate market.

Global stock markets were all afected by the New York decline. This is another " Black Thursday", which reminds me of " the Black Thursday in 1929". Hopefully, the 'Great Depression" will never occur again.

Jul 27, 2007 03:17	#1
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	A broker put his hands on his face after seeing the big decline of Dow Jones Index in New York Stock Exchage Center on Thursday. (Photo from Xinhuanet)

Jul 28, 2007 02:31	#2
2468 Points: Join Date: Jun 5, 2007 Status: Offline	freaking crap

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