Global stock markets rose sharply today in trading in Asia and Europe after news of the European bailouts were revealed. This comes after the worst week for the Dow Jones Industrial Average in its 112-year history. The Dow lost a record 18 percent last week. The Dow’s previous worst week was in 1933. The Wall Street Journal reports US stocks have lost $8.4 trillion in value since the market peaked a year ago.
Dow Suffers Worst Week in 112-Year History
HeadlineOct 13, 2008