The Corner

“Dow Drops Below 6,800; Lowest Close Since 1997”

From NY Times:

Investors’ despair about financial companies pushed Wall Street exchanges down sharply on Monday, the first day of a week that culminates with the unemployment report on Friday.

Monday’s decline brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7,000 since 1997. At the close, the Dow Jones industrial average declined about 300 points, or 4.24 percent, while the Standard & Poor’s 500-stock index declined about 34 points or 4.7 percent. The Nasdaq composite fell nearly 4 percent.

Rich Lowry — Rich Lowry is the editor of National Review. He can be reached via email: 

Most Popular


Ivy-League Schools Wither

A  number of liberal bastions are daily being hammered — especially the elite university and Silicon Valley. A Yale and a Stanford, or Facebook and Google, assume — for the most part rightly — that each is so loudly progressive that the public, federal and state regulators, and politicians would of ... Read More

Weirdo O’Rourke

Friends of the young Bill Clinton and Barack Obama spoke of the special glow of promise they had about them, even back in their early twenties. Angels sat on their shoulders. History gave them a wink and said, “Hey, good lookin’, I’ll be back to pick you up later.” Robert O’Rourke? Not so much. He ... Read More

One More Profile of Beto, Because America Needs It

Somewhere in Texas, filed on the fly by a glossy-magazine correspondent, and totally not as a parody written by Jim Geraghty -- “It’s all about vision,” Beto O’Rourke tells me, standing tall upon the Texas prairie, or brush, or whatever this high hilltop area is supposed to be called. We’re watching the ... Read More