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FLOOR OF NEW YORK STOCK EXCHANGE JUST BEFORE BELL, 1997-08-18 (photo)

IMAGE number
REU8222163
Image title
FLOOR OF NEW YORK STOCK EXCHANGE JUST BEFORE BELL, 1997-08-18 (photo)
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Photographer
Ray Stubblebine
Medium
photograph
Date
1997 AD
Shooting Date
1997-08-18
Image description

Traders on the floor moments before the close of trading at the New York Stock Exchange, August 15. The Dow Jones industrial average posted its second-biggest loss ever after an earnings warning by consumer products giant Gillette Co. and another drop in the dollar sent investors to the exit door. Based on early and unofficial data, the blue-chip Dow closed down 247.37 points, or 3.11 percent, at 7,694.66, putting the index at its lowest close since June. The drop was the steepest point fall since a plunge of 508 points on October 19, 1987. Have changed date to 1997 as description is refering to the event of 1987. USA STOCKS

Photo credit
REUTERS/Ray Stubblebine / Bridgeman Images
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