Monday, July 21, 2008

Dancer painting

Dancer painting
field painting
For the Nasdaq, the slide has been dramatic. After rising 86 percent in 1999, the index fell 39.2 percent in 2000 and is now down another 10.6 percent this year.  The Dow Jones industrial average held up better as investors seeking safety bought drug and tobacco shares. The Dow fell 5.65 to 10,636.88 while the S&P 500 lost 9.71 to 1,257.94.  More stocks fell than rose. Declining issues on the New York Stock Exchange topped advancing ones 1,604 to 1,436 as more than 1 billion shares traded. Nasdaq losers beat winners 2,507 to 1,209 as nearly 1.8 billion shares changed hands.  In other markets, the dollar fell against the euro and yen. Treasury securities edged higher.

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