The opening bell on Wall Street today resounded an epic 112-year drop in the Dow. Today, October 10, 2008 the Dow fell approximately 285 points hitting a low of 8, 280.19. Despite the fact of the rumors of another Federal bail-out, the market continues to struggle. In the mean time crude oil prices continue to sink reaching a total of $80 a barrel. Leaders in the gas industry such as ExxonMobill and Chevron lead the way this morning with their sale-offs leading them down the Dow. But Wall Street isn't the only market taking a hit. Over night world markets scrambled for relief as most of them began to tumble. It was reported that "Japan's Nikkei 225 index, which plummeted 881.06 points, or 9.6%, to 8276.43 in its worst one-day percentage loss since the crash of 1987." Even the Dow Euro was down by 267.4 points. With all this news of global and economic downs there can be no where else to go from here except up. For this and other news please go to http://www.foxnews.com/, http://www.cnn.com/ or http://www.yahoo.com/.
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