Wine Business Stock News
Nov 2002 Issue of Wine Business Monthly
September was the month of the bear. During September, the Dow almost resumed its free-fall, falling 12.37 percent from August. The Nasdaq fell a comparable 10.86 percent while the S&P 500 plunged 11.00 percent from August. Even the ordinarily robust drinks sector was hit, albeit not as hard as the market as a whole, with the Wine Business Index (WBX) finishing September down and even 4 percent. Among the components of the index, gains for UK drinks giant Diageo (up 3.31 percent) helped keep...
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