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To: MoneyPenny who wrote (745)12/31/2002 5:55:40 PM
From: Big Dog  Read Replies (1) | Respond to of 793
 
Wall Street wrapped up its first three-year losing streak since the period between 1939 and 1941, capped by the worst December performance by the blue-chip Dow Jones industrial average since 1931.

The S&P 500 finished 2002 with a loss of about 23 percent for the year, and the Nasdaq closed down about 32 percent. The Dow is off about 17 percent for the year, its worst decline since 1977.

The market has lost a whopping $2.8 trillion of value this year, measured by the Wilshire 5000 Total Market Index (AMEX:^TMW - News) as of Tuesday's close.

biz.yahoo.com