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The Dow Jones Industrial stock plunge on Tuesday found its way to the front pages of most daily newspapers around the country on Wednesday morning, with some adding creative graphics to highlight the biggest stock drop since 9-11.
The coverage predictably unfolded with most large metro dailies using their own reporters to file stories and many mid-size and smaller papers relying on wire stories. At The Star-Ledger in New Jersey, the front page centerpiece included a chart tracking the market's decline, along with some text boxes that offered reasons why and how investors can recover. The Columbus Dispatch also offered advice to investors in a text box that ran alongside the main story.
The Rocky Mountain News used a full-page graphic showing the Dow's decline on the publication's front page and referring readers to its business section for full coverage.
The Los Angeles Times led off with a dual staff byline and the headline "Worldwide Sell-Off Hits Wall Street."
In a few instances, the news didn't make the paper's front page. At the Arkansas Democrat-Gazette, readers could not find a single reference to the sell-off, which was attributed to a combination of factors, including dour economic news from China.
But The Washington Post weighed in with "Stock Sell-Off in China Hits Wall Street," written by two staff writers, and The Oregonian led with a far left front page story taken from the New York Times News Service.
By midday Wednesday, commentators were debating whether the one-day slide was an aberration or the beginning of a sustained correction.
Copyright © 2008 Donald W. Reynolds National Center for Business Journalism