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S&p 500 Composite Index

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Cheer Fades as Stocks Plunge 9%

Published December 2, 2008, 10:02 pm, The Sarasota Herald-Tribune

The announcement that the recession began in December 2007 came on a day when the Dow dropped more than 7 percent.

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Cheer Fades as Stocks Plunge 9% - Star News Online
December blew in with a mighty chill on Wall Street. In six and a half hours on Monday, the Standard & Poor?s 500-stock index declined nearly 9 percent ? the type of collapse that, historically, has taken years to occur. But in 2008, a year that ...

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