Support the news

Impact of Dow Dive in NE

When the stock market opens Friday morning, it will still be reeling from a roller coaster ride that saw the Dow Jones Industrial Average plummet by almost 450 points at one point yesterday. The Dow ended the day, down by 300.

It's the biggest blow for investors this year, since a major slump in February that was blamed on a decline in China's stock markets. This time, the US housing market is bearing much of the blame.

For a look at how the stock market's slump is affecting us here in New England, we turn to Barry Bluestone, who is Dean of the School of Social Science, Urban Affairs, and Public Policy at Northeastern University.

This program aired on July 27, 2007. The audio for this program is not available.

+Join the discussion
TwitterfacebookEmail

Support the news