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U.S. stock markets closed slump - Oct. 23, 2008

October 23 2008

U.S. stock indexes on the basis of trading on Wednesday showed a sharp decline in the range 4,77-6,10% amid pessimism of investors, who fear the deepening global financial crisis, reports Bloomberg.

By the close of trading, the Dow Jones fell by 5.69% to reach 8,519.21 points. S & P 500 on Wednesday, fell by 6.10% reaching 896.78 points. NASDAQ index on the basis of trades fell by 4.77% - to 1615.75 points. DJIA (Dow Jones Industrial Average, Dow Jones industrial average) - the average movement in share prices the 30 largest industrial corporations.

S & P 500 (Standard and Poor 500 Index) - index of stock prices of 500 largest companies by market capitalization. NASDAQ (National Association of Securities Dealers Automated Quotation, automated quotation system of the National Association of Securities Dealers) - an index of technology companies.

It is calculated on the basis of quotations of ordinary shares of all companies (U.S. residents and foreign), traded in the OTC system, NASDAQ, weighted by market capitalization, according to RIA News .

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