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Hedge Fund Pain Sends Stocks on Wild Ride
By
Lauren Tara LaCapra
10/16/08 - 12:17 PM EDT
Citadel Investments, run by Kenneth Griffin (above), and other hedge funds have had a rough year, leading to massive deleveraging that is driving wild market volatility, experts say.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
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