Dow down sharply at open.

[benburch]

Looks like 11,000 on the Dow is going to be just a memory soon...

[hatrack]

1. Splat - NASDAQ off 38+ as of this posting

Yuck.

[DS1]

2. Sharply is a bit of a stretch

:shrug:

[Lochloosa]

3. Selling stampede shuts Tokyo stock market

might be a bad day...

http://www.msnbc.msn.com/id/10900819/

[The Whiskey Priest]

4. Oh boy, oh boy, a joyous day for the workers

The worker should be so happy that their employers did away with defined benefits and went to defined contributions...now the employee's 401K is losing value faster than you lose gas after a broccoli-beam burrito, they will get to work their asses more years be retiring.

[tyedyeto]

5. In part because of this?

http://news.yahoo.com/s/ap/20060118/ap_on_bi_ge/japan_markets

Tokyo Stock Exchange Forced to Close Early By YURI KAGEYAMA, AP Business Writer
44 minutes ago



TOKYO - Japan's main stock market index tumbled for a second day Wednesday led by a sell-off in technology shares in a session that was halted 20 minutes early because of heavy trading volume amid a widening criminal investigation of the Internet startup Livedoor.

The benchmark for the Tokyo Stock Exchange plunged 2.9 percent Wednesday in a session that had to be shortened because of a surge in transactions — the first time it has ended early because it could not handle trading volume.

The Nikkei 225 index dropped 464.77 points to close at 15,341.18 points, its biggest one-day drop since May 10, 2004. The index had fallen 462.08 points, or 2.8 percent, on Tuesday.

Share prices extended losses from Tuesday, when the Nikkei fell 2.8 percent, following Japanese newspaper reports that the investigation that had started Monday was expanding. The index has fallen nearly 6 percent the last two days.

more

[Amonester]

6. Every broker's got their heating bills and 'woke' up.

Nobody's gonna make a penny this year, except the oil sheiks... :grr: