Word: droppingly
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Dates: during 1990-1990
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...decrease in the number ofeighteen-year-olds also accounts for the drop inthe number of applications from last year...
...where the Nikkei average closed at 30,372 last week, down 6.9% for the week and 22% from the all-time high it reached last Dec. 29. In a fit of near panic last Thursday, the market plunged 6% in just one morning session -- equivalent to a 162-point drop in the Dow Jones average -- before recovering later in the day to post an overall 3% loss. "We knew it had to come sooner or later. Many of us just stood there blankly," said a floor dealer. Another market watcher described it as a "bottomless swamp." The market edged upward...
...other countries as well. On Wall Street, the Dow Jones average fell 37 points last week, to close at 2704.28, reflecting concern that bearish Japanese investors could pull back on their U.S. holdings. The Japanese Finance Minister, Ryutaro Hashimoto, declared on Friday that he was "extremely concerned" about the drop of the Tokyo market and the yen, which has fallen 7% against the dollar since mid-February. At week's end Hashimoto met in Los Angeles with his American counterpart, Treasury Secretary Nicholas Brady, to seek support in stabilizing the Japanese currency...
...Japanese government and industry. A handful of securities firms control most stock trading, the theory went, and they would be able to prop up prices should any serious selling begin. On Black Monday in 1987, such intervention helped keep Tokyo's losses under 15%, in contrast to a 22.6% drop in the Dow, giving credence to the notion that Japan was a special, blessed case. In the final analysis, though, the Tokyo market appears as vulnerable as any other to the laws of supply and demand. "It was a classic bubble," says John Makin, director of fiscal policy studies...
...front of the White House last year. He was suggesting speeches, press conferences and strategies aimed at helping health professionals "compete for news coverage." His 45-page study, in fact, was largely devoted to a review of widely used public relations and advertising practices. Nonetheless, Winsten decided to drop the recommendation for video news releases from his report, not wishing to alienate the journalists on whose goodwill much of his program's success would depend...