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July's decline in factory orders surpassed the previous record drop of 6.6percentt in December 1974.
RECORD DROP FOR SUMMER Supplies Now at Lowest Point Since the Warm -- Output Lower -- Shipments Increased.
The Dow Jones industrial average plummeted 61.87 points, a record drop, to close at 1,839.00.
The stock recovered slightly from an earlier record drop of 17percentt in London, but remained significantly below Tuesday's close.
America's venture-capital firms invested about $10 billion 400% less than in the same period a year earlier, a record drop.
The seasonally adjusted $5.1 billion decrease, reflecting a record drop in credit card debt and other revolving loans, came after a $20.1 billion surge a month earlier.
Similar(17)
The record drop-off is 45 points by the 2006-7 Flyers, who dropped to 56 from 101 the season before.
Dickey's record dropped to 18-5.
Lowry's record dropped to 22-2.
Phoenix's record dropped to 6-4.
With the loss, Dickey's record dropped to 8-13.
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