Further losses likely before next major low
March 03, 2009 at 12:10 PM EST
After concluding its worst six-month span since 1932, the Dow Jones Industrial Average has broken into the 6,000s to start March. This places the blue-chip benchmark and the S&P 500 at less than half their record highs established 17 months ago, and based on the current backdrop, further losses are likely before a sustained upturn.