US stock markets reach 12-year lows
Thursday, March 5, 2009 Logarithmic graph of the Dow from January 2000 through December 2008 US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating. The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lostContinue reading