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Businessweek Archives

Investment Figures Of The Week

Investment Figures of the Week

Investment Figures of the Week


Heading into the Thanksgiving holiday, the stock market investors were in a

foul mood. In just four days, the Dow Jones industrials plunged 167 points, or

4.3%. Half the loss came in the final hour of trading on Nov. 22. The damage in

the broad market wasn't quite as bad--the Russell 3000 index lost 3.4%. Don't

blame it entirely on the bond market, which remained fairly calm all week.

Pundits blamed the sell-off on everything from computer-driven trading to

worries that the GATT trade pact might fail to win Senate approval.

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