not at all for december across most of the country. but inside trading rooms and portfolio offices from boston to berkeley, from minneapolis to miami, it sure felt frigid this week. stocks logged their biggest weekweek ly decline since the summer months, august. send the children out of the room, folks. here are the numbers and they re ugly. the dow industrial averages tumbled 309 points to 17,265. nasdaq off more than 2% down triple digits. 111 points. and the s&p 500 gave back 39. for the week all three indexes were more than 3% lower. one of the main reasons for the decline, of course, oil. domestic crude off another 3% today to 35.62. a seven-year low. after the international energy agency warned of a continuing supply glut. for the week prices were down 11%. that s oil s worst week of the year. and as if that wasn t enough, investors learned today that a junk bond mutual fund is barring investor withdrawals while it liquidates, sending a chill through the credit markets.
most of the country. but inside trading rooms and portfolio offices from boston to berkeley, from minneapolis to miami, it sure felt frigid this week. stocks logged their biggest weekweek ly decline since the summer months, august. send the children out of the room, folks. here are the numbers and they re ugly. the dow industrial averages tumbled 309 points to 17,265. nasdaq off more than 2% down triple digits. 111 points. and the s&p 500 gave back 39. for the week all three indexes were more than 3% lower. one of the main reasons for the decline, of course, oil. domestic crude off another 3% today to 35.62. a seven-year low. after the international energy agency warned of a continuing supply glut. for the week prices were down 11%. that s oil s worst week of the year. and as if that wasn t enough, investors learned today that a junk bond mutual fund is barring investor withdrawals while it liquidates, sending a chill through the credit markets. dominic chu reports. reporte
not at all for december across most of the country. but inside trading rooms and portfolio offices from boston to berkeley, from minneapolis to miami, it sure felt frigid this week. stocks logged their biggest weekweek ly decline since the summer months, august. send the children out of the room, folks. here are the numbers and they re ugly. the dow industrial averages tumbled 309 points to 17,265. nasdaq off more than 2% down triple digits. 111 points. and the s&p 500 gave back 39. for the week all three indexes were more than 3% lower. one of the main reasons for the decline, of course, oil. domestic crude off another 3% today to 35.62. a seven-year low. after the international energy agency warned of a continuing supply glut. for the week prices were down 11%. that s oil s worst week of the year. and as if that wasn t enough, investors learned today that a junk bond mutual fund is barring investor withdrawals while it liquidates, sending a chill through the credit markets.