Why are none of the media outlets saying that even though the Dow
dropped 680 points, the market still closed at 8149 or that it fell
275 points at the opening bell before any news came out?

Hatton

---------- Forwarded message ----------
From: NYTimes. com News Alert <[EMAIL PROTECTED]>
Date: Mon, Dec 1, 2008 at 4:24 PM

Breaking News Alert
The New York Times
Monday, December 1, 2008 -- 4:20 PM ET
-----

Dow Plunges 680 Points as Recession Is Declared

The stock markets took a fall on Monday, diving along with
investors' confidence. Confirmation that the nation is in a
recession and reports of only a modest gain in holiday
shopping sales have prompted many investors to resume selling
after five days of higher closings.

Late-session comments by Treasury Secretary Henry M. Paulson
Jr. that the economic downturn is "significant" but
manageable probably added to the market's gloom, as did more
downbeat data about manufacturing and construction.

The Dow Jones industrials were down 679.95 points, or 7.7
percent, while the broader Standard and Poor's 500-stock
index was down 8.93 percent, or 80 points. The technology
heavy Nasdaq fell 8.95 percent.

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