Monday, January 21, 2008

World stocks routed on fears for economy (Reuters)



A woman shelters from the rain as she passes a screen showing trading market graphs in west London January 21, 2008. Britain's top share index dived more than 5 percent on Monday, on track for its biggest daily drop since the September 11 2001 attacks in the United States, as stocks around the globe tumbled on fears a U.S. recession is looming. (Toby Melville/Reuters)Reuters - World stocks nosedived and demand for
safe-haven bonds and currencies soared on Monday as fears
gripped investors that a deteriorating U.S. economy would drag
others down with it.




No comments: