Yesterday, the Dow industrials plunged 311.50 points, or 2.3 percent, to 13,473.57, while the S. P. 500 dropped 35.43 points, or 2.3 percent, to 1,482.66. The Nasdaq composite index was down 48.83 points, or 1.8 percent, to 2,599.34. The S. P. is still up 4.5 percent for the year, while the Dow is 8.1 percent higher. But the S. P. has fallen 4.5 percent since reaching a record last week. In the last hour or so of trading, the major Wall Street indexes recovered about a third of their steepest losses for the day. Losses of more than 2 percent were recorded in Spain, France and Germany, while Britain, Argentina, Mexico and Brazil fell more than 3 percent. Asian markets fell less yesterday, closing before the worst selling began, but opened down sharply on Friday.

　　16.The passage is mainly_______.

　　a review of the current condition of the American and world stock market

　　an introduction of the world stock market

　　a survey of the stock deal of DaimlerChrysler

　　about the ups and downs of stock prices

　　17.Which of the following is TRUE according to the text?

　　Currently it is more difficult for Americans to borrow money from banks for house purchase.

　　The losses from stock markets are similar in U.S. and some developing countries.

　　Investors were worried about the potential risks in stock market before yesterday.

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