Below 8,000, Dow Continues to Drop

Financial, auto fears still reign
By Kevin Spak,  Newser Staff
Posted Nov 20, 2008 9:03 AM CST
Traders work on the floor of the New York Stock Exchange Tuesday, Nov. 18, 2008.   (AP Photo/Richard Drew)
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(Newser) – Stocks took a slide at the open today, following a disastrous session yesterday that saw the Dow fall below the 8,000 mark. The Dow shed 160 points at the open, accompanied by 21- and 17-point declines in the Nasdaq and S&P. Stocks have fallen nearly 8% this week alone as fears over the auto and financial industries have run wild.