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Investment Figures of the Week
Investment Figures of the Week
COMMENTARY
Stocks took a pasting this week, as concerns over the slow pace of recovery
and poor corporate earnings continued to mount. The Dow industrials tumbled 41
points on June 17 to the lowest level in more than two months, and the decline
in small-company stocks was even sharper. Foreign markets were also hit. Tokyo
declined 7.3% for the week to a 68-month low. Mexican stocks were savaged,
with traders attributing the decline to worries over the improving election
chances of Ross Perot, who opposes free trade with Mexico.