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The previous record point decline was 39.10 on Jan . 8
It was just a smidgeon short of recovering all of the 158 point decline from Wednesday.
It accounted for about a third of the point decline in the Dow.
The drop was the seventh-largest point decline ever for the Nikkei.
Late last week, many municipal bond men thought this ⅝percentage point decline would continue further.
It was the second-worst point decline for the index, behind last Monday's 349.15-point drop.
Similar(29)
A minus sign indicates a 5-point decline.
The 1-point decline in state unemployment parallels a 1-point decline in the national unemployment rate, to 8.1 percent from 9.1 percent, over the same time frame.
Warnings from both companies helped precipitate the Dow's 227-point decline on Friday.
That one-point decline should correspond with about a 1.7-point decline in black unemployment, taking that rate down to 7.1percentthethe lowest since the last time the job market was at truly full employment in the late 1990s.
The gain more than offset Wednesday's 215-point decline, which pushed blue chips to their lowest close since October 1997.
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