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Businessweek Archives

Investment Figures Of The Week

Investment Figures of the Week

Investment Figures of the Week


Stocks took a pasting this week, as concerns over the slow pace of recovery

and poor corporate earnings continued to mount. The Dow industrials tumbled 41

points on June 17 to the lowest level in more than two months, and the decline

in small-company stocks was even sharper. Foreign markets were also hit. Tokyo

declined 7.3% for the week to a 68-month low. Mexican stocks were savaged,

with traders attributing the decline to worries over the improving election

chances of Ross Perot, who opposes free trade with Mexico.

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