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Terrorism fears undercut market
Sacramento Bee ^ | June 23, 2002 | Loretta Kalb

Posted on 06/23/2002 10:14:44 PM PDT by Cultural Jihad

Edited on 04/12/2004 5:39:39 PM PDT by Jim Robinson. [history]

Nine months have passed since terrorists commandeered commercial jetliners, inflicted death and damage, and devastated the nation's sense of security.

For a time, the stock markets behaved as though the assaults would have only short-term effects.

By early January, the Nasdaq composite index had staged a dramatic rebound, rising 45 percent above its post-attack low. On the Big Board, the Dow Jones industrial average moved 25 percent higher within four months.


(Excerpt) Read more at sacbee.com ...


TOPICS: Business/Economy; News/Current Events
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1 posted on 06/23/2002 10:14:44 PM PDT by Cultural Jihad
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To: Texasforever; Luis Gonzalez; goldstategop
BTTT
2 posted on 06/23/2002 11:07:35 PM PDT by Cultural Jihad
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To: Cultural Jihad
I am completely out of the market.

3 posted on 06/23/2002 11:09:04 PM PDT by Texasforever
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