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Strategies & Market Trends : Guidance and Visibility

AAPL 277.80

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To: 2MAR$ who started this subject	9/17/2001 7:10:07 PM
From: Teri Garner	Read Replies (1) of 208838

Dow enters bear market, Nasdaq off 68% from high in orderly selloff By Staff Writer Jake Ulick September 17, 2001: 5:36 p.m. ET NEW YORK (CNNfn) - U.S. stocks plunged to their lowest levels in nearly three years Monday, and the Dow Jones industrial average suffered its worst point-loss in history as trading resumed for the first time following last week's terrorist attacks. Big losses in aircraft maker Boeing and aviation parts supplier United Technologies helped send the Dow down 684 points or over 7 percent. That loss, while severe, doesn't make the index's top 10 worst declines in percentage terms. The Dow suffered its worst loss percentage-wise on "Black Monday" Oct. 19, 1987 when the blue-chip index dropped 22.6 percent. Losses in insurance companies facing damage claims helped send the Standard & Poor's 500 index to its worst finish since October 1998. cnnfn.cnn.com

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