E-mail          Print          Text
Hints of bad news from Intel, other indicators send stocks plummeting
Published: 01/08/09  12:05 am
Comments (0)

A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks Wednesday with their biggest losses in a month.

The news upended some investors’ hopes for a speedy economic recovery this year and sent the major stock indexes down more than 2.5 percent, including the Dow Jones industrials, which lost 245 points.

News Tribune news services

 

Comments

 
Win Mariners Tickets
McClatchy's Newspapers Commemorative Book
Promo Graphic Subscribe Button
Front page PDF