Dow Hits Lowest Point in 12 Years
The Dow Jones hit its lowest in 12 years after insurance company American International Group's (AIG) huge quarterly loss added to worries about the U.S. financial sector.
March 2, 2009
1 Min Read
The Dow Jones hit its lowest in 12 years after insurance company American International Group's (AIG) huge quarterly loss added to worries about the U.S. financial sector.
The Dow Jones industrial average (INDU) lost nerly 300 points, or 4.2 percent, according to early tallies, ending at its lowest point since April 25, 1997.
The S&P 500 (SPX) index lost 34 points, or 4.7 percent, closing at its lowest point since Oct. 28, 1996.
Source: CNNMoney.com, Dow Below 7,000
Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.
You May Also Like