June 27, 2008

S&P, Dow on Track for Big Weekly, Monthly Losses

Category: Market Updates – Kristina Zurla Landgraf – 12:31 pm

After the Dow Jones Industrial Average hit new lows for the year Thursday, the index has extended losses and is down about 3.9 percent for the week and near 10 percent for the month, baring a big rebound Monday. Meanwhile, the Standard & Poor’s 500 Index is down about 3.1 percent for the week, and 8.8 percent for the month.

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