Wednesday October 15 Another Bad Day on Wall Street 2008

Wednesday October 15, 2008 was another bad day on Wall Street 2008
The market dropped 733 points.

http://finance.yahoo.com/?u

Economy shows its pain, rebound will take time

Economy hits fresh potholes; Bush, Paulson, Bernanke say it will improve but urge patience
http://finance.google.com/financehttps://www.etrade.wallst.com/v1/markets/overview/overview.asp?YYY220_/UfRI8EalsCjuJNQUdrKj+VAKi4QJlPIzW9xSdWWCGroVsRTAdKeDJzNAwM5xeMSL70dVBDq/tuGysSqrGjPPXSsGMEaof+3XpGQGXTXVBGnpCPFTrRrGXhYPAZVsWXkzq5OKgjy67owAqAG5C1fyJ6IzD55l8M8TBKZkWpNM0lH4j7Jb2aXQmym/IgJ+huP

October 16, 2008

Down ends up 401 to extend streak of volatility

Stocks shoot higher as volatility continuesStocks turn higher after better-than-expected readings on inflation, rise in Yahoo stock


NEW YORK (AP) -- Wall Street has turned in another stunning finish andextended its unprecedented streak of volatility -- this time, to the upside. The Dow Jones industrials are up nearly 400 points, after falling 380 in the opening minutes of the session.
It is clear that investors are reacting in the extreme to negative economic news, including disappointing numbers Thursday on industrial production. But traders are also reacting to the market's declines, and were piling in to buy late in the session.

Analysts expect this extraordinary volatility to continue, and warned that just as Monday's huge 936-point surge in the Dow was overdone, there was little reason to trust that Thursday's gains would hold.

The Dow has ended the day up about 401 points at the 8,979 level, having fallen 733 on Wednesday.NEW YORK, Oct 16 (Reuters) - U.S. stocks rallied briefly in volatile trade on Thursday as investors snapped up beaten-down shares, while a report saying Microsoft may pursue a search partnership with Yahoo (YHOO.O: Quote, Profile, Research, Stock Buzz) pulled the Nasdaq higher.








http://biz.yahoo.com/ap/081016/wall_street.html