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Dow finishes under 10,000 for the first time since 2004

October 6, 2008 – 9:07 pm – No Comment

Today was a bad day on Wall Street. At one point in the day, the Dow was down 800 points, it finally closed down just 370 points. However, it still closed under 10,000 for the first time since 2004.
The reason for the drop …

Congress passed the bailout bill…it was a little different than the first one.

October 5, 2008 – 1:05 pm – No Comment

So, on Wednesday the revised bailout bill rescue plan was passed in the Senate. Friday the House voted for it then the same afternoon President Bush signed it. So what happens now?
Well first the markets should become less volatile. It has also raised …

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