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Sensex sinks; Japanese markets at 20-year low
October 8, 2008

Dow down 508 pts

The Dow Jones Industrial Average fell to 9,447.11 points after losing 508.39 points, while the Nasdaq was at 1,754.88 points after losing 108.08.

Global turmoil is ravaging the US and world stock markets, eroding away trillions of dollars of investor wealth.

Image: Negative numbers are seen on tickers at the Nasdaq MarketSite in New York City. | Photograph: Mario Tama/Getty Images

Also read: Management gems from Richard Branson

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