Stocks Have Worst Day Since 9/11 Attacks

[zengrifter]

You ain't seen nothing yet! zg

-------------------------
Feb. 27, 2007, 5:28PM
Stocks Have Worst Day Since 9/11 Attacks

By MADLEN READ AP Business Writer
© 2007 The Associated Press

NEW YORK — Stocks had their worst day of trading since the Sept. 11, 2001, terrorist attacks Tuesday, hurtling the Dow Jones industrials down more than 400 points on a worldwide tide of concern that the U.S. and Chinese economies are stumbling and that share prices have become overinflated.

...more - http://www.chron.com/disp/story.mpl/ap/fn/4587246.html

[Brutus]

Gold was barely touched.
I look for gold to jump on wednesday.

[zengrifter]

Originally Posted by Brutus

Gold was barely touched.
I look for gold to jump on wednesday.

And then on to the moon! zg

[zengrifter]

World stock slump hits second day

BBC | February 28, 2007

Worldwide share prices have continued to fall, triggered by Tuesday's 9% losses on the Shanghai stock market.

The UK's FTSE 100 index fell by 1% in morning trading. That took declines in the past two sessions to 3.2% and knocked £52bn off its total value. France's Cac 40 index dropped by 1% and Germany's Dax lost 1.1%. Earlier, markets in Asia, Australia and India had all suffered substantial losses.

...more - http://www.jonesreport.com/articles/...ock_slump.html

[zengrifter]

World stocks tumble again

By Jon Nones / Resource Investor
01 Mar 2007 at 12:55 PM

World stocks fell again today amid persistent unease about the global economy, according to sources.

The Dow Jones industrials fell more 200 points to the 12,067 level in the opening minutes of trading, but later recovered to a loss of 75. The U.K.'s benchmark FTSE 100 declined 1.1% to 6,105.2, while France's CAC 40 lost 1.9% to 5,409.15. Germany's DAX Index dropped 1.48% to 6,616.25.

The Shanghai Composite Index falling 2.9% to close at 2,797.19 on Thursday. Hong Kong stocks fell 1.6%, while Malaysia's key index fell 1.3%. Australian shares shed 0.4% and Singapore closed down 0.4%. In Taiwan, the benchmark index plunged 2.8%.

The Tokyo Stock Exchange, the benchmark Nikkei 225 Index fell 0.9% to finish at 17,453.51 after being down by as much as 1.5%.

XXX