Record stock market collapse shocks traders and public
The Dow plunges 617.78 points to 10805.77 and the Nasdaq drops 355.49 as inflation fears and high rates spark a bear market. NYSE volume runs 1.57 billion shares while techs, banks, and brokers lead losses. a few issues edge higher as investors brace for further volatility.
MENTIONED IN THIS ARTICLE
Dow
Ned Riley
State Street Global Advisors
U.S
Federal Reserve
Fed
Nick Sargen
J.P. Morgan
Microsoft
Cisco Systems
Standard & Poor
WHX Corp
AO Smith
Weather summary for Sunday into Wednesday
The forecast shows Sunday mostly cloudy and cooler with showers and a low of 36. Monday to Wednesday varies by bay with cool to mild highs around 50 to 64 and lows 34 to 44, including changing cloudiness and sunshine.
MENTIONED IN THIS ARTICLE
Teesbay
Not an easy week for billionaire investors
In New York Nasdaq ticker signs flash deep losses as investors watch massive declines. Laurence Kaplan advises selling while Cynthia Middleton counsels patience as famous tycoons like Gates Schwab Dell Yahoo and AOL leaders report multibillion-dollar losses on their holdings.
MENTIONED IN THIS ARTICLE
New York
Times Square
South Africa
Laurence Kaplan
William H. Gates Ill
Microsoft Corp
Charles R. Schwab
Charles Schwab Corp
Michael S. Dell
Dell Computer Corporation
Syracuse man shot twice on South Salina Street dies
Jeffrey S. Connors, 22, of 116 Kirk Ave., died Friday night after being shot twice on South Salina Street. Police say he exchanged words with teens on 2320 8, Salina St before gunfire. Investigators question multiple witnesses as Syracuse posts its sixth homicide of the year.
MENTIONED IN THIS ARTICLE
Syracuse
Salina Street
Jeffrey S. Connors
Kirk Ave
University Hospital
Connors
Salina St
Joe Sweeny
Sweeny
South Salina Street
Thruway crash survivors hailed as heroes by motorists
A nurse from Albany and a Geddes woman helped stop bleeding after a car carrier struck a pickup near the New York line. Dean Johnson, 23, lost both legs while Susan Kelly and Jacqueline Walton used a tourniquet and a shoelace to save him, while bystanders aided another couple. The Post-Standard later arranged a conference call between Johnson and Kelly.
MENTIONED IN THIS ARTICLE
Geddes
Susan Kelly
Massachusetts
Thruway
New York Line
Dean L. Johnson
Johnson
Albany Medical Center
St. Joseph's Hospital Health Center
Kelly
Jacqueline Walton
Torist
Post-Standard
Fort Dram
Spc
Warwick
Syracuse
Bob Kelly
The
Dean Johnson
AL Campamies
Amelia
Onondaga Road
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Nasdaq
New York Stock Exchange
Washington
Labor Department
Ziggy
Tomigae
Az Television
Cynthia Middleton
At&t
Associated Press
Soldier
Albany
Weill