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NASDAQ

Business
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Investors hoping the major dip in the stock market last week was just a blip were greeted with even more losses on Monday, Aug. 5, as fears of a recession and global turmoil sent stocks tumbling. The Dow Jones Industrial Average fell 1,200 points at one point but closed 1,000 down. The S&P 500 dropped more than 3 percent and the Nasdaq fell 3.4 percent.  The massive sell-off began on Friday after a US jobs report showed that employer hiring in July had slowed more than analysts had predicted. Investors were already on edge over fears the US Federal Reserve had left interest ra…

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by Josh Lanier
Schools
Iona Prep Unveils Five New Hall Of Fame Inductees Iona Prep Unveils Five New Hall Of Fame Inductees
Iona Prep Unveils Five New Hall Of Fame Inductees Iona Preparatory School will induct five new members into its Hall of Fame as part of its Reunion Weekend on April 27-28.  The 2018 honorees include business and community leaders from Under Armour, Nasdaq, Richard Bernstein Advisors, O.C. Tanner and Iona Prep Lower School. “For more than 100 years, Iona Prep has been developing young men into moral, ethical and spiritual leaders, and the Hall of Fame honorees represent the very highest level of excellence,” said Brother Thomas R. Leto, president of Iona Prep in New Rochelle. “We are so proud to add another five outstanding individuals to t…

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by Jon Craig