Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $66,609
82%  
Woo hoo!! And now only $621 to reach 83%!! Thank you all very much!! God bless.

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  • Selloff Worsens on Wall Street [UPDATE: NASDAQ Closes Up!][Was MARKET MELTDOWN]

    07/15/2002 10:43:44 AM PDT · by Lazamataz · 324 replies · 621+ views
    TheStreet ^ | 07/15/2002 | TheStreet Staff
    Stocks remained sharply lower Monday afternoon as Pfizer's (PFE:NYSE - news - commentary - research - analysis) takeover of Pharmacia (PHA:NYSE - news - commentary - research - analysis) wasn't enough to quell investor paranoia about corporate accounting. A statement from President Bush that the economy was fundamentally strong wasn't helping either. The Dow Jones Industrial Average was recently down 296 points, or 3.4%, to 8389, while the Nasdaq was falling 25 points, or 1.8%, to 1349. The S&P 500 was behind by 30 points, or 3.3%, to 891, a level it hasn't seen since July 1997.Worries about the financial...