S.&P. 500 closed at 955.05, 30.35 (3.08%) down
Dow (DJIA) closed at 9,033.66, 231.77 (2.50%) down
Nasdaq closed at 1,696.68, 73.35 (4.14%)
Does the stock market reflects the economy? The AP story points out that athough the stocks may soon rebound, the US economy has a long way to go and and painful suffering lies ahead despite the recent quieting of the stock market. Source: ALL BUSINESS: Stock Market Doesn't Reflect Economy By THE ASSOCIATED PRESS Published: October 21, 2008 Filed at 3:42 p.m. ET
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