Breaking News Alert The New York Times Monday, March 2, 2009 -- 4:06 PM ET ----- Dow Drops Below 6,800; Lowest Close Since 1997 Investors' despair about financial companies pushed Wall Street exchanges down sharply on Monday, the first day of a week that culminates with the unemployment report on Friday. Monday's decline brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7,000 since 1997. At the close, the Dow Jones industrial average declined about 300 points, or 4.24 percent, while the Standard & Poor's 500-stock index declined about 34 points or 4.7 percent. The Nasdaq composite fell nearly 4 percent. Read More: http://www.nytimes.com/?emc=na ----- Now get the New York Times Breaking News to your mobile phone. Sign up for the alerts by texting NEWSALERTS to 698698 (NYTNYT). ----- About This E-Mail You received this message because you are signed up to receive Breaking News Alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2009 The New York Times Company
-- Posted By Breaking News to Break News at 3/02/2009 11:10:00 PM
