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With a few minutes to go, the Dow is down more than 200 points. Just lots of lousy news - a big drop in September car sales (the end of the cash for clunkers program clearly had an impact), worse-than-expected manufacturing numbers, and the prospects of a weak jobs report tomorrow morning. Maybe Wall Street is finally catching up to reality.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.