Stock Markets in Europe Plunge 7 Percent

Stock Markets in Europe Plunge 7 Percent

www.nytimes.com

21 Jan 2008 Global stock markets plunged on Monday as fears spread that the turmoil in United States mortgage markets is spreading. Indexes in Europe fell as much as 7 percent after a huge sell-off in Asia. "There's something approaching panic in the market," Holger Schmieding, the chief European economist at Bank of America in London, said by telephone.

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Sorry, this should be linked with the thread www.abovetopsecret.com...





[edit on 21-1-2008 by musselwhite]

what would happen if the US market was opened? was this planned this way?

www.nytimes.com
(visit the link for the full news article)

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Closed.
.

edit: wrong link

[edit on 1/21/2008 by Gools]