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Dow, S&P 500 Close at 12-year Lows

The Dow and S&P 500 have falled to levels not seen since the 1990s. It's the Dow's lowest close since May 1997. Both the Dow and S&P 500 lost over 3% as they plunged to new lows. The Nasdaq lost nearly 4% on the day. Concern about the strength of the economy continues to drive stocks downward. Here's a look at the numbers for today.
  • Dow: 7,114.94 - down 250.73 points (3.40%)
  • S&P 500: 743.33 - down 26.72 points (3.47%)
  • Nasdaq: 1,387.72 - down 53.51 points (3.71%)
Some stories about the record close can be found at Bloomberg, Forbes, USA Today, AP, WSJ, Blogging Stocks, Seeking Alpha and Marketwatch.

Tags: recession | stock-market | dow

Posted on 2009-02-22
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