US continues global market slump (BBC)

eppur_se_muova

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Tue Jun-13-06 09:55 PM
Original message

US continues global market slump (BBC)

The global stock market sell-off has continued with US shares the latest to suffer amid mounting fears about inflation and interest rates.

The Dow Jones index sank more than 80 points, wiping out its gains for the year after worrying inflation figures.

Meanwhile, Japanese stocks saw their biggest one-day fall in two years and European stocks hit six-and-a-half month lows.

Commodity prices also fell with gold witnessing biggest drop in 25 years.

Gold prices dropped below the $600 mark, falling as low as $565.50 during the day, while copper prices stood 35% off peaks of $4.04 hit just last month.
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more: http://news.bbc.co.uk/2/hi/business/5074300.stm

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Union Thug

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Tue Jun-13-06 11:16 PM
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1. My meager little poor-man's investments have lost

over $500 this week.. NOT ONE of my stocks have gone up in two weeks. So much for my employee stock purchase plan! I'm beginning to wonder whether to bail the hell out of this!! :-)

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