Asian stock markets dropped sharply Friday and major European indexes lost ground in early trading as investors worried about another world economic downturn. In the United States, however, stock index futures pointed to a recovery of some losses on Wall Street, following a relatively positive unemployment report. On Thursday the Dow Jones Industrial Average showed […]
US, Europe Markets Concern Spreads to Asia
US, Europe Markets Concern Spreads to Asia
Asian stock markets dropped sharply Friday, following Thursday’s steep losses in the United States and Europe that were blamed on investors’ fears of another world economic downturn. Tokyo’s Nikkei index closed down 3.72 percent at its lowest level in five months, and Hong Kong’s Hang Seng plunged more than 4 percent. Some European markets showed […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Stock markets plunged again Friday, amid new concerns that the world may be headed for another sharp economic downturn. Key European markets were as much as two percent lower at midday Friday, after falling nearly four percent Thursday. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Stock markets plunged around the globe Thursday and Friday, amid new concerns that the world may be headed for another sharp economic downturn. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level in five months, while Hong Kong’s Hang Seng tumbled 4.3 percent. Key European markets opened […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Stock markets plunged around the globe Thursday and Friday, amid new concerns that the world may be headed for another sharp economic downturn. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level in five months. Hong Kong’s Hang Seng tumbled more than 4.5 percent in afternoon trading. […]
Asian Markets Open Sharply Lower After US, European Plunge
Major Asian markets opened sharply lower Friday after concerns that another global economic downturn may be on the way sent U.S. and European markets plunging. Tokyo’s Nikkei, Sydney’s Australian Securities Exchange, and Seoul’s Kospi were all down about four percent shortly after opening. Thursday, the Dow Jones Industrial Average in New York plummeted 513 points, […]
Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed for another sharp economic downturn. In the United States, the Dow Jones Industrial Average plummeted more than 510 points, or 4.3 percent, its largest drop since 2008. The U.S. losses came as major European exchanges […]
Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed toward another sharp economic downturn. Key stock indexes in the United States dropped by more than 2 percent in midday trading, nearly wiping out accumulated gains for 2011. The U.S. losses came as major European […]