Another Bad Day on Wall St as Recession Fears Grow
Stocks fell again today as recession fear set in.
The Dow Jones industrial average fell more than 700 points, giving back nearly all its record gain from Monday.
The Dow closed down 7.9 percent, or 733 points, at 8,578. That follows a loss of 77 points yesterday, which nearly wipes out Monday's 936-point gain. The Standard & Poor's 500-stock index was off 9 percent, with a 90-point decline, and the tech-heavy Nasdaq was down 8.5 percent, losing 151 points.
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