Pimco's El-Erian: US Stock Plunge to Pick Up Speed - The decline in stock prices that took the Dow Jones Industrial Average down nearly 7 percent so far in May may continue, says Mohamed El-Erian, CEO of money management titan Pimco.
Source:
http://www.moneynews.com/StreetTalk/Pimco-El-Erian-Stock-Plunge/2010/05/28/id/360417
Despair over the economy sent Wall Street plunging again Wednesday, propelling the Dow Jones industrials down 733 points to their second-largest point loss ever.
Stocks fell on a combination of disheartening economic data, including a big drop in retail sales and a Federal Reserve report that said tight...
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http://www.nypost.com/seven/10152008/business/dow_dives_133746.htm
History Dow Jones Index
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