Quick Poll
Do you think the City of Newnan should have waited until at least mid-month to begin hanging its Christmas decorations in downtown rather than the first week in November?
- Yes: 245
- No: 146
Total Votes:
Nation
Dow falls 679.95 on consumer worries
By SARA LEPRO and TIM PARADIS
AP Business Writers
NEW YORK (AP) — The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week’s big gains. All the major indicators fell more than 7 percent, with the Standard & Poor’s 500 index down nearly 9 percent.