News

Pro-Palestine Encampment Represents First Major Test for Harvard President Alan Garber

News

Israeli PM Benjamin Netanyahu Condemns Antisemitism at U.S. Colleges Amid Encampment at Harvard

News

‘A Joke’: Nikole Hannah-Jones Says Harvard Should Spend More on Legacy of Slavery Initiative

News

Massachusetts ACLU Demands Harvard Reinstate PSC in Letter

News

LIVE UPDATES: Pro-Palestine Protesters Begin Encampment in Harvard Yard

Stocks Decline Again To a Seven-Year Low

NO WRITER ATTRIBUTED

The stock market skidded to a new seven-year low again yesterday. Analysts attributed the plunge to investor anxiety over the war, domestic unrest, continuing inflation, and federal budget deficits.

The Dow Jones industrials average fell 11.30 points to 665.25 yesterday. In three days, the market has lost 37.56 points.

The average has now dropped 319.96 points since its all-time high in December 1968. The plunge is comparable in scale to the stock market crash during the Great Depression, but analysts say the economy is not falling apart as it was in 1929.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags