CNN front page says it all...Posted By Jack Day |
Stocks tumble after bailout announcement
Stocks slumped today, with the Dow ending at a three-month low, as the government's bank rescue plan failed to reassure investors burned by the 14-month old recession. The Dow Jones industrial average lost 382 points, or 4.6 percent, according to early tallies. The bailout plan "was a huge disappointment," one economist told CNNMoney.com.
I not sure how much more "Stimulus" my 401K can take.... 8O
Stocks slumped today, with the Dow ending at a three-month low, as the government's bank rescue plan failed to reassure investors burned by the 14-month old recession. The Dow Jones industrial average lost 382 points, or 4.6 percent, according to early tallies. The bailout plan "was a huge disappointment," one economist told CNNMoney.com.
I not sure how much more "Stimulus" my 401K can take.... 8O