US stock markets fall amid credit fears
Friday, August 3, 2007 The New York Stock Exchange Image: Colin Gregory Palmer. The Dow Jones Industrial Average fell more than 280 points, Friday, to 13181.91, just two weeks after soaring to a historic record of 14,000. Two other major indexes, the Nasdaq and the Standard and Poor 500, fell more than 2% in a widespread market sell-off. Shares of Bear Stearns, the largest United States underwriter of mortgage bonds, fell 6.3% today, resulting fromContinue reading