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Article: WALL STREET DROPS AFTER JAPANESE MARKET PLUNGE.(Main)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- April 2, 1990
CopyrightCOPYRIGHT 1990 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Stock prices suffered a broad setback today as the market absorbed the jolt of another big selloff in Japan.
The Dow Jones average of 30 industrials dropped 20.72 to 2,686.49 in the first half hour of trading.
Losers swamped gainers by about 8 to 1 in the early tally of New York Stock Exchange-listed issues, with 126 up, 1,014 down and 332 unchanged.
Volume on the Big Board came to 20.57 million shares as of 10 a.m. on Wall Street.
The Tokyo stock market took a 6.6 percent drop overnight, suffering the steepest decline yet in an early-1990 slide that has sent prices to an 18-month low. The key index of the Tokyo Stock Exchange took its ...