November 20, 2008

Wall Street sinks, S&P falls to lowest level since 1997

NEW YORK (Reuters) - Stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors’ deepening economic fears drove the benchmark Standard & Poor’s 500 index to its lowest level since 1997 — completing the erasure of more than a decade of stock market gains.

Original post by Reuters: Business News

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