Wednesday, Feb 28, 2007
Markets continue to take a slapping
BBC: World stock slump hits second day
The second day of significant losses on worldwide markets continued today. After yesterday afternoon's 2.5% loss, the FTSE 100 shed a further 1.9% in early trading. Although the correction was expected at some point after such a long bull run, it wasn't expected quite as suddenly. It was triggered by comments about the possibility of a US recession by former FED chief Ben Bernanke, and the possibility new regulatory laws governing Chinese markets.
Posted by jellycaster @ 10:32 AM (35 views) Add Comment
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