New York – U.S. Stocks Drop More Than 200 points

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New York – Stocks tumbled Thursday after a disappointing ISM report on manufacturing piled on to worries about the economic recovery.

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The Dow Jones Industrial Average lost more than 200 points, or 2.1 percent.

The Institute for Supply Management reported its gauge of manufacturing activity fell to 52.6 in September from 52.9 in August, short of expectations.

That came after an earlier report showed initial jobless claims jumped by 17,000 last week, much more than expected.


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Anonymous
Anonymous
14 years ago

just wait until all the so called stimulus wears off then we will be back to where we started only trillions more in debt and our dollars will be worthless.. unbeleivable