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Wall Street Drop Punctuates Recent Trend

By Jennifer Ludden
Published April 16, 2005 at 12:00 AM EDT

A sharp drop in share prices sent Wall Street to its worst week since last August. Joel Naroff, chief economist for Commerce Bank, tells Jennifer Ludden the decline has been under way for months, and in part reflects investors' concerns about high oil prices.

Copyright 2005 NPR
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Jennifer Ludden
Jennifer Ludden helps edit energy and environment stories for NPR's National Desk, working with NPR staffers and a team of public radio reporters across the country. They track the shift to clean energy, state and federal policy moves, and how people and communities are coping with the mounting impacts of climate change.
See stories by Jennifer Ludden