Stock Market October 24 Year 2008

Dow Opening



Apple chart




Apple chart
8,243.87 -447.38 -5.15% Dow in the morning.

Stocks, oil, gold tank on growing recession fears

Stocks are paring losses, but remain substantially lower. All ten of the economic sectors are down; each has lost in excess of 3%.

In a relatively isolated patch of green, airlines are up 2.5%, based on the Amex Airline Index. Airlines are being helped by a hefty 5% drop in oil prices. Oil futures currently trade below $65 per barrel.

Existing home sales for September totaled 5.18 million, exceeding the 4.95 million consensus estimate. Sales were up from the 4.91 million units registered in the prior month

https://www.etrade.wallst.com/v1/markets/overview/overview.asp?YYY220_/UfRI8EalsAAN03gPtV/690ui9gq746rzW9xSdWWCGroVsRTAdKeDJzNAwM5xeMSL70dVBDq/tsxaPzXFLaByHSsGMEaof+3iP8K3AIKLZszME8MeqWa5CrTRj7DtZMMKqIA40mGiDn4oLvQmvusmnkW5Yr/M3xSux59nsnZVrJ4yI8Dh9OYB5UZieK8buCV

8,243.87 -447.38 -5.15% Dow in the morning.

Stocks, oil, gold tank on growing recession fears

Stocks are paring losses, but remain substantially lower. All ten of the economic sectors are down; each has lost in excess of 3%.

In a relatively isolated patch of green, airlines are up 2.5%, based on the Amex Airline Index. Airlines are being helped by a hefty 5% drop in oil prices. Oil futures currently trade below $65 per barrel.

Existing home sales for September totaled 5.18 million, exceeding the 4.95 million consensus estimate. Sales were up from the 4.91 million units registered in the prior month

https://www.etrade.wallst.com/v1/markets/overview/overview.asp?YYY220_/UfRI8EalsAAN03gPtV/690ui9gq746rzW9xSdWWCGroVsRTAdKeDJzNAwM5xeMSL70dVBDq/tsxaPzXFLaByHSsGMEaof+3iP8K3AIKLZszME8MeqWa5CrTRj7DtZMMKqIA40mGiDn4oLvQmvusmnkW5Yr/M3xSux59nsnZVrJ4yI8Dh9OYB5UZieK8buCV

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