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Post by unlawflcombatnt on Feb 28, 2007 5:26:56 GMT -6
2/28/07 3:10 AM Pacific Standard Time news.yahoo.com/s/ap/20070228/ap_on_bi_ge/world_marketsThough Chinese stocks recovered almost 1/2 of their Tuesday's loss of 8.8%, most other Asian stocks continued to fall. Japan's Nikkei 225 index declined 2.85%. Philippine stocks declined 7.9%. Australian stocks declined 2.7%. Singapore's Straits Times Index declined 3.0%. South Korean stocks declined over 2%. Indian stocks declined over 2%. Britain's FTSE 100 Index was down 1% in morning trading. France's CAC 40 Index declined 2.3%. It looks like it will probably be another bad day for the DJI, S&P 500, and the NASDAQ.
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Post by jeffolie on Feb 28, 2007 21:23:03 GMT -6
The FEAR of a US slow down as stated by Greenspan should rightfully been reflected in the highly speculative Asian markets.
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