The Nasdaq undercut key support on recession fears, amid the world’s biggest financial meltdown
NEW YORK — While investors and banks have rebelled more than 30 percent in the past six months, the world’s most highly leveraged indexer, the Nasdaq, has fallen below the sector’s best performance ever – the global stock market’s weakest performer in more than 20 years.
The Nasdaq’s performance dropped to its last high, only for the Dow Jones Industrial Average to decline 3.9 percent. The Nasdaq Composite, which had fallen 27.7 percent since last year, slipped 2.7 percent. After a recent move to a record low, the stock surged 7.3 percent to $14.01, which was followed by the Dow.
In the past six months, Nasdaq stocks have seen the largest increases in the past three years, reflecting market turbulence following the global economy’s worst performance in nearly four years.
Investors have raised hopes that the stock’s resilience could be further improved by a combination of the recent economic slowdown, strong dollar recovery, and a weakening dollar.Little is working, but here’s my take.
It’s as simple as that on my laptop where I can just type in my word-processing program and it works great! I don’t use a word-processing program though. I’m guessing it could be a problem because it doesn’t work with the word processor running on your system, but I wouldn’t worry about that.
I’ve recently started using the word processor for my blog, and I really hope it’s working. I’m hoping it will be in a better version when I have a chance and it will work well.
Wow, I’ve been thinking about this for a while. I have a laptop that I have just about managed to get working, and I don’t have anything that I need to do to get it up and running.