Zoocap

The Dow Jones industrial average fell more than 170 points today, but managed to actually close with its first weeky gain in 2008. The sharp declines began on Tuesday following overseas’ markets’ downfalls, recovered a bit midweek, then ended with a downturn this afternoon. Concerns about the job market may be a part, as media reports said “…Goldman Sachs is laying off the bottom performing 5 percent of its work force followed an announcement Thursday by Ford Motor Co. that it is offering buyouts and early retirement to 54,000 hourly workers and laying off some salaried workers, too.”

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