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Thread: New York Stocks Market Plunged
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[quote=JIMMYB,241106]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. [/quote]
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