At Boston, Massachusetts: as of 10:54 AM
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(NECN: Washington) - Senate Democrats sat down with Roland Burris in the Capitol this morning amid new indications that he's likely to be seated as the new senator from Illinois. Senate Majority Leader Harry Reid says Roland Burris will not likely...
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[2 hours ago ]
(NECN: Prat Thakkar, Fitchburg, Mass.) - Many folks in Massachusetts have barely recovered from last month's ice storm, but they are being hard hit again today with wintry weather. A sloppy mix of snow, freezing rain and sleet is making for a messy...
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[2 hours ago ]
(NECN) - Israel has ordered a pause in its Gaza offensive today to allow food and fuel to reach besieged Palestinians, and a government spokesman says it "welcomes" an Egyptian-French cease-fire proposal as long as Hamas halts militant rockets and weapons...
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Breaking News          [ 30 min ago ]
DiMasi re-elected to third full term
BOSTON (AP) - Salvatore DiMasi moved toward certain re-election after his fellow Democrats voted......read more
BUSINESS: Market Analysis with Jim Lowell
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August 7, 2008
Market Analysis with Jim Lowell


(NECN) - Investors chew over some tough economic news, stocks close sharply lower. The Dow Jones Industrial Average drops more than 224 points, to close at 11, 431. The Nasdaq Composite drops more than 22 ending at 2,355. The S&P 500 is off 23, closing at 1266.

Regionally, Bloomberg's New England Index falls nearly three points. The New England Stock Index is off about one.

Jim Lowell, chief investment strategist at Adviser Investments has Thursday's market analysis. As he explains several factors affected the down day on Wall Street.

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