This may not be a good time to put up business and not a good time for stockbrokers as stocks took a plunge last Monday at the New York Stock Exchange. Dow down 700 points resulting to panicky investors who doesn’t want to risk business. But during the last hour, the Dow ended around 370 points as the Dow Jones and other major indexes cut losses. Although there was a $700 billion US bank bailout, investors believe that this does not help at all, it only just delay the inevitable.

With the Stocks at its lowest, this greatly affects the many lives. Since business is not doing well, companies went down such as Citigroup, Ban of America, and JPMorgan Chase. Companies are forced to cut on workforce, such as eBay, which stated that they will be cutting down 10% or about 1,000 employees. Also the US dollar hit a 14-month high against the Euro, and fell against the Yen.