NEW YORK The Imperial stock market ended the day down nearly 7%, the worst one-day decline in more than 25 years. Across the board, declining issues led advances by 6-1. This marks the seventeenth consecutive daily decline in stocks; markets are down nearly one-third from their high in January. Economists blamed this most recent sharp decline on the continuing succession crisis, although AIs from the Bureau of Economic Management conjecture that an economic slowdown was already established well before Empress Cathie Kuchta's death.
Sayyid Zora Carroll, speaking for the Imperial Council, promised a swift resolution to the succession crisis, and predicted that markets would recover soon.
Quotes for the Top Twenty at today's close:
- Schmidt Foundation: 326, down 37
- Dalanian Antigravitics: 1498, up 2
- Bank of Luna: 548, down 32
- Imperial Centcom: 976, down 64
- Gigasoft: 293, down 5
- Rockwell: 383, down 19
- Xerox Life Sciences: 806, down 8
- Dow Genetics: 382, down 22
- Mitsubishi Shipping: 832, down 24
- Borshallan AIs: 807, down 50
- Phuctra Manufacturing: 787, down 42
- Coca-Cola: 2202, up 8
- Karphos Corp: 571, down 17
- Wuorio Construction: 403, down 78
- Chase: 959, up 81
- General Electronics: 592, down 2
- Nippon Metals Interstellar: 468, down 11
- Bank of Elendan: 525, up 88
- Dovan Construction: 723, down 51
- RC Fashions: 893, down 78
copyright (c) 2009, Don Sakers
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