Dow Closes Down 245 Points On Poor Job Outlook – CBS 4 South Florida

Dow Closes Down 245 Points On Poor Job Outlook – CBS 4 South Florida
Bleak outlooks from Time Warner, Intel and Alcoa combined with more evidence of rising unemployment sent stocks sharply lower Wednesday. Major indexes fell more than 3 percent including the Dow Jones industrials, which was down about 245 points as the closing bell rang. Unlike the panicked swings