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Ouch! Dow 7949

Posted By Barry Ritholtz On January 20, 2009 @ 4:29 pm In Bailouts,Credit,Markets | Comments Disabled

US Markets followed Europe and Asia lower, with the Dow off 4%.

The financials continue to weigh on everything:  Citigroup (down 20%) looks like it wants to go to zero; Bank of America (down 29%) doesn’t look much better.

IBM beat their number after the bell, so perhaps tomorrow might be a better day . . . >

Dow Industrials, January 20, 2008

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