Special offer

Obama Presidency; Dow Falls Nearly 500

By
Mortgage and Lending with Liberty One Lending

Not the way to start day of the rest of our economic lives.  Wall Street, and the Dow Jones falling nearly 500 points  more than 5 percent.

The market was expected to give back some gains after a six-day runup that lifted the Standard & Poor's 500 index more than 18 percent.

Investors, very surprisingly, sold stocks sharply event though the outcome of PResident Elect Barack Obama was all but certain.

Analysts said the market is also growing anxious about whom Obama selects as the next Treasury Secretary, as well as whom he picks for other Cabinet positions