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Is this decline still happening?
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Much of the decline still remains unexplained.
Most analysts think that the decline still has some way to go.
But that decline still doesn't make the Nasdaq cheap relative to earnings there are no earnings.
The exact reason for this decline is still unclear, but Elaine Waxman, a senior fellow in the Income and Benefits Policy Center at the Urban Institute, pointed to several possible forces for the decline.
(The phenomenon repeated itself across the country; whether broken windows contributed to this decline is still being debated).
"The market feared worse, but these declines still paint a picture of a group facing continued pressure," noted Lejuez.
"We're watching housing prices decline still," Dr. Pagano added.
Even the recent decline still leaves them well above their levels of January 2007 (see chart).
Meggitt's near 2% decline still left it better off that Pearson.
Short sellers, who profit when a company's shares decline, still remain highly skeptical of Tyco's new strategy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com