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Europe‚ Asia Stocks Plunge Amid U.S. Recession Concerns

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저작자 미상 (저작물 2267374 건)

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공표년도

창작년도

2008-01-22

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Markets in New York are closed to commemorate Martin Luther King Day.
Both European and Asian markets‚ meanwhile‚ struggled for direction Monday in the wake of sharp losses on Wall Street last week.
Fears of a U.S. recession dealt European stocks a heavy blow with markets closing DOWN and some noting the worst numbers since the September 11‚ 2001 terrorist attacks on the World Trade Center in New York.
Asian stocks also lost ground amid rising doubt over the theory that Asia would remain relatively unaffected by hardships in the U.S.
Observers believe Monday's losses in markets across Europe and Asia reflect investor skepticism over the U.S. government's proposed fiscal measures and plans of additional interest rate cuts to deflect the economic downturn in the U.S.
Reporter : julz1201@arirangtv.com

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