Bear Market - It’s Official!

Friday, June 27th, 2008

A bear market has been officially declared for the Dow Jones Industrial Average (DJIA.) The market is down 20% from its peak in October 2007. Record oil prices, the credit crunch and fears about the economy aren't helping matters. There is still a lot of concern that subprime related writedowns ...

Dow Craters 300 Points - To Low Point Of 2008

Thursday, June 26th, 2008

The Dow Jones dipped by 300 points today as investors worried about interest rate increases dumped stocks. There was quite a bit of bad news to for everyone to digest. The passel of worries that investors juggled Thursday added up to an increasingly troubled economy. Analysts' negative comments on General ...