America in Bear Market Now - down 20.8%


	America in Bear Market Now - down 20.8%

sunblock

7-3-2008 6:55 AM

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america in bear market now - down 20.8%

sunblock says:

It's official even though it's been on the cards for a while.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9bf1573b-55e2-4de7-8038-5d6faa031d3c/28CC2453-FE15-416F-ACA2-4E1ADAC75911/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.timesonline.co.uk/tol/business/markets/united_states/article4258775.ece" href="http://business.timesonline.co.uk/tol/business/markets/united_states/article4258775.ece" style="font-size: 11px;">business.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/markets/united_states/article4258775.ece"><DIV id="region-column1and2-layout2"><H1 class="heading">America enters bear market territory as the Dow crashes</H1><H2 class="sub-heading padding-top-5 padding-bottom-15"></H2></DIV><DIV id="region-column1-layout2">
<DIV id="main-article"><DIV class="article-author"><SPAN class="small"></SPAN><SPAN class="byline">
Tom Bawden in New York
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America officially entered a bear market last night, for the first time in six
years, as the oil price hit a new record high.
</P><P>
The Dow Jones lost 166.75 points, or 1.5 per cent, to close at 11,215.51,
bringing its decline since its peak last October to 20.8 per cent. A market
is said to have entered bear territory when it has fallen by a fifth from
its previous high.
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