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Article: CLINTON CRISIS JOLTS DOW AVERAGE DROPS 249 POINTS, ERASING TUESDAY'S RECORD GAIN IN TWO DAYS.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- September 11, 1998
CopyrightCOPYRIGHT 1998 Rocky Mountain News. All rights reserved. Reproduced with the permission of Dialog LLC by Gale Group. 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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Byline: Rocky Mountain News Wire Services
NEW YORK -- Stocks were hammered Thursday by a global economic slowdown amid growing
concerns that President Clinton will resign or be impeached as a result of the
White House sex scandal.
The Dow Jones industrial average ended off 249.48 points, or 3.1 percent,
at 7,615.54.
The 30-stock average erased Tuesday's record gains in the past two days and