E-mail
Print
Text
Reality strikes Wall Street as investors see that nobody’s buying anything
CommentsWall Street got another dose of painful reality Tuesday that sent stocks diving as investors recognized that few industries are safe from the consumer spending slump – whether they’re building homes, making cars or selling coffee. The Dow Jones industrial average lifted off its lows of the day, but still closed down nearly 180 points.
It became clear to investors that it’s going to be hard to rely on consumers to pull the economy out of its downturn.
News Tribune news services
Comments
JOIN THE DISCUSSION
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service.
Comments are displayed newest first. If you would like to read a thread from beginning to end, select "Oldest first" from the drop down menu.
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service.
Comments are displayed newest first. If you would like to read a thread from beginning to end, select "Oldest first" from the drop down menu.
|
|
• Preps:
|
