Thursday, 22 September 2011

Stock market's slide as traders reject Twist

Stock markets in Europe are on the slide this morning as appears that the US's attempts to inject $400bn in a new quantitative easing programme has been give short shrift by the markets.

The FTSE has fallen over 4 per cent on the back of sharp declines in Asia, where the Hang Seng index in Hong Kong ended down 4.85 per cent today.

European markets are fairing little better.The Paris Bourse has slumped 5.1 per cent, Germany’s Dax fell 4.5 per cent and the Milan bourse lost 4 per cent.

Wall Street is expected to plummet when trading begins in New York later today.The Dow Jones Industrial Average closed down 2.5 per cent last night, while the broader S&P 500 index lost 2.9 per cent.

1 comment:

mattarazi said...

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