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发帖数: 10345 | 1 Wall Street Journal, Sunday, Mar. 8
By ANNELENA LOBB
Just how low can stocks go?
Despite Friday's small gain, the Dow Jones Industrial Average marked its
fourth consecutive week of losses as it tumbled through the 7000-point mark
and spiraled to new 12-year lows. The Standard & Poor's 500-stock index is
trading below 700 for the first time since 1996.
As earnings estimates are ratcheted down and hopes for a quick economic fix
fade, the once-inconceivable notion of returning to Dow 5000 or S&P 50 |
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