Make TBO Your Home Page| Subscribe To The Paper| Advertise With Us| Contact Us| Login| Edit Profile| Register
TBO.com - Tampa Bay Online
Email
Print
Market Gives Back Some Gains
ADVERTISEMENT
Published: November 6, 2008
NEW YORK - A case of post-election nerves sent stocks plunging Wednesday as investors, anxious about a recession, are wondering what impact a Barack Obama presidency will have on business and the overall economy. The Dow Jones industrials fell 486.01, or 5.05 percent, to 9,139.27. All other major indexes tumbled, too.
The market was expected to give back some gains after a six-day run that lifted the Standard & Poor's 500 index more than 18 percent.
But investors lost some of their confidence about the economy. Analysts said the market is also growing anxious about whom Obama selects as the next Treasury Secretary and other Cabinet positions.
Email
Print
ADVERTISEMENT
Advertisement
TBO.com - Tampa Bay Online ©2009 Media General Communications Holdings, LLC. A Media General company. Member Agreement | Privacy Statement | Work With Us
