Headlines:
North Korea admits
to developing nuclear arms in defiance of treaty
UN Security
Council passes unanimous resolution calling on Iraq to disarm or else face
"serious consequences."
President Bush vows
to expand the fight on terrorism, signs legislation creating a new cabinet
department of Homeland Security
Snipers prey upon DC suburbs
Spate of corporate
scandals:
Enron, Arthur Andersen, Tyco, Qwest, Global Crossing, ImClone, and Adelphia-- hiding debt and misrepresenting earnings
Close of Dow Jones Industrial
Average Dec. 31: 8341.63
Bear Market in
full swing