Dow jones average

Dow Greets President Obama with Worst Ever Inauguration Day Drop

Wall Street suffered its worst ever Inauguration Day slide yesterday as the Dow Jones average lost more than 300 points to close the day just above 7900, its lowest level in two months. Investors were generally not caught up in the euphoria surronding the inauguration of President Barack Obama, as continuing fears over the health of the nation's banking sector triumphed over hope that the incoming Obama Administration would right the economic ship.Concerns over the new president's plans for the economy doubtlessly also weighed heavily on investors' minds. President Obama inherits an economy ...

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