Tuesday, Jun 29, 2010
FTSE, DOW, Dax down 3%
BBC News: Shares slump on European bank fears
Global stock markets have fallen sharply on renewed concerns over the European banking sector.
Investors are apprehensive ahead of a deadline this week for banks to repay loans taken out a year ago at low interest rates.
As a result, leading European share indexes slumped about 3%, while US stocks fell more than 2% in morning trading.
Posted by exiges @ 08:51 PM (314 views) Add Comment
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