Streams

Another Volatile Day on Wall Street

Thursday, September 25, 2008

It was another volatile day on the stock market, with the Dow Industrial Average closing a half hour ago down 29 points, or 0.3 percent. The NASDAQ composite index increased 2.35, or 0.1 percent, to 2,155.68, led by a rally in chipmakers.

In Washington, DC, Federal Reserve Chairman Ben Bernanke told lawmakers the U.S. economy is faltering with global financial markets under - quote - extraordinary stress. New York is right in the middle of the turmoil.

Joining me to talk about how this is shaking out in terms of city spending is WNYC's Bob Hennelly.

Tags:

More in:

Leave a Comment

Email addresses are required but never displayed.

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by