Business
Dow drops 264 points; Nasdaq off 95
The bloodletting continued on Wall Street Wednesday morning when the Dow Jones industrial average opened off 438 points on disappointing earnings news from IBM Corp. (ibm) and J.
The bloodletting continued on Wall Street Wednesday morning when the Dow Jones industrial average opened off 438 points on disappointing earnings news from IBM Corp. (ibm) and J.P. Morgan. In recent trading, the loss had shrunk, with the Dow off 264. The Nasdaq Composite index was down 95 points in recent trading. -- ZDNet staff