Decline Opens Christmas Week


December 22, 2008

 

 


 

 

Prices fell three trading days before Christmas, for only the second time since 2000.  Whereas last year, on this day, the market advanced more than 1.5 percent, this year there were sizable declines.

 

Moreover, in the down year of 2006, the decreases amounted to about a half a percent, much less than today’s near two percent losses.

 

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