Wednesday, February 28, 2007

Dow down 416pts!- Why?

In China their stock markets went up so high it was unbelievable! Later the market dropped so much that it effected the US stock market and made all the stocks go down a lot and many people lost money! We lost money because we invest in their stocks and they invest in our stocks. So many people began to sell their stocks and from everyone selling at the same time it made the sock market go down from the over whelming amount. All of this leads to a 9% drop in the stock market. This caused so many people to lose money and made so many people upset and nervous from the big drop.

No comments: