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Early Stock Dive Wipes Out Fed-Rate Rally

Dow tumbles by more than 250 points in early trading

By Sam Gale Rosen, Newser Staff

Posted Nov 1, 2007 10:54 AM CDT

(Newser) – Stock fell sharply at the opening today, wiping out yesterday's rally spurred by the Fed's rate cut. The Dow was down by over 250 points in early trading, spurred by several bits of bad news, including an Exxon earnings plunge and a Citigroup downgrade. But... Read full story »

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Early Stock Dive Wipes Out Fed-Rate Rally

Dow tumbles by more than 250 points in early trading

stock market • Citigroup • Federal Reserve • ExxonMobil

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