Dow loses another 200 points on Friday - sell-off that wiped out over $300 billion
U.S. stocks plummeted for a second day on Friday as investors continued to recoil over credit concerns reverberating through financial markets around the world. Further Driving fears that the housing market's troubles, including a crisis in the sub prime mortgage sector, may be turning into a broader credit crunch.
Stocks plunged on Friday on the credit concerns, one day after an equities sell-off that wiped out over $300 billion in the value of the S&P 500. The S&P 500 suffered its worst one-week percentage drop since September 2002.
Can someone respond how is it going to affect the Real Estate market in North America.
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