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U.S. stocks slump to session lows in late morning trade
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| Contributor | Ashley |
| Last Edited | Ashley Mar 02, 2009 10:56am |
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| Category | News |
| News Date | Monday, March 2, 2009 04:40:00 PM UTC0:0 |
| Description | NEW YORK (MarketWatch) -- Stocks slumped to session lows in late morning trade Monday, with the Dow industrials losing more than 200 points, or nearly 3%, with investors finding no end in sight to the woes affecting the economy and its banks. The Dow Jones Industrial Average was recently off 202 points, or 2.9%, at 6,859. The blue-chip average earlier slipped through the 7,000 mark for the first time since October 1997, continuing last week's slump to 12-year lows. |
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