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Dow Gains 303 Points; Oil Drops

Fannie's losses don't phase market

By Nick McMaster, Newser Staff

Posted Aug 8, 2008 3:41 PM CDT

(Newser) – A big rally topped a rollercoaster week today as the markets surged on a drop in oil of nearly $5 a barrel, MarketWatch reports. The Dow gained 302.89 points to close at 11,734.32, the Nasdaq rose 58.37 to 2,414.10,... Read full story »

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Dow Gains 303 Points; Oil Drops

Fannie's losses don't phase market

NASDAQ • Dow Jones • Fannie Mae • MBIA • mortgage backed securities • S&P 500 • oil prices

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