The World Markets is still in Free Fall mode and there are still sign of hitting rock bottom anytime yet.
The Dow Jones Industrials fell through the 9,000 level Thursday and continued racing down in the last hour of trading, closing down over 600 points. It was the seventh consecutive session markets closed down.
Trading remained volatile, with the major indexes like the Dow Jones industrial average and the Standard & Poor's 500 index bobbing up and down. The Nasdaq composite index, with a bevy of tech stocks, showed more lasting gains because of advances by companies like Intel Corp. and Microsoft Corp.
But worries about General Motors Corp. capped the periodic advances by the Dow and the S&P as investors grew concerned that weakness in U.S. vehicle sales may emerge elsewhere in the world. GM, one of the 30 stocks that make up the Dow industrials, fell $1.14, or 17 percent, to $5.77. The stock fell earlier by as much as 21.7 percent to $5.41, its lowest level since December 1950.
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