Nasdaq & Dow Jones both off 8%

US market saw a significant plunge last week. Nasdaq slid for the seventh day with a loss of 7.9%, shedding 63% compared with the new high since last March.Dow Jones was dragged down by Nasdaq to record the biggest down range since 1989 with a drop of 7.6%. Its 30 composite stocks all plummeted.Market anticipation of rate cut by Fed this week may stimulate the market to rebound. Dow Jones fell through 10000 gateway to close at 9823.41 pts, off 207.87 pts, or 2.07%. Nasdaq also lost 1900 gateway to close at 1890.91pts, down 48.9 pts, or 2.57%.

Related stock : (NIL)