Text Size

Email Post

Print Post

Comments (0)

Save Article

New York, NY - Stocks ended sharply lower as the market got a triple whammy: Oil resumed its ascent, major earnings reports sparked a fresh wave of concern about corporate profits and home sales hit a 10-year low.

All three major indexes fell steadily throughout the day, with the Dow Jones Industrial Average ending down nearly 280 points, or 2.4 percent. The S&P 500 index shed 2.3 percent and the Nasdaq lost 2 percent.

More of today's headlines

“Sullivan County, NY - The National Weather Service has has issued a Flood Warning Thursday for Sullivan County, specifically the area along the Beaverkill River until 9...” Sullivan County, NY - Flood Warning Issued Until Friday Morning “Germany - Before the largest crowd of his campaign, Democratic presidential contender Barack Obama on Thursday summoned Europeans and Americans together to "defeat...” Germany - Obama Speaks In Front of 200,000 Pepole In Berlin, McCain Golfing.