Author Topic: US, World markets plunge  (Read 400 times)

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Offline Matthew

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US, World markets plunge
« on: February 27, 2007, 05:10:47 PM »
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  • U.S. stocks plunge to worst 1-day drop since 2001
    Last Update: 5:00 PM ET Feb 27, 2007

    MARKETWATCH FRONT PAGE
    NEW YORK (MarketWatch) -- U.S. stocks plunged to their worst one-day performance since 2001 on Tuesday, with the Dow Jones Industrial Average losing 200 points in one minute around 3 p.m. before recovering some ground by the close, after a sell-off in ƈhıną fueled concerns about growth. See full story.
    Emerging Markets Report: Global markets tumble as ƈhıną fear spills over

    NEW YORK (MarketWatch) - Global markets tumbled on Tuesday, tracking the biggest fall on the Chinese stock market in a decade, with emerging markets taking the brunt of the hit on fears of another global sell-off. See full story.
    U.S. brokers bet big on ƈhıną, and suffer, in sell-off aftermath
    NEW YORK (MarketWatch) -- The sell-off in ƈhıną that reverberated through world markets Tuesday hit U.S. brokerage firms even harder. For most of the day, every penny lost on a blue-chip stock, brokers lost two. See full story.
    ETF Focus: ƈhıną pullback underscores risk of emerging markets ETFs
    BOSTON (MarketWatch) -- Exchange-traded funds tracking stocks in Asia and the Pacific traded sharply lower Tuesday after ƈhıną's markets were routed on fears over slowing economic growth. See full story.

    Carry trade unwinding roils currency markets

    NEW YORK (MarketWatch) -- A sharp rally in the yen and the Swiss franc on Tuesday triggered by a massive sell-off in the Chinese stock market serves as a reminder of the risk of a massive unwinding of carry trade positions. See full story.

    SAN FRANCISCO (MarketWatch) -- Back in 2000, I wrote about a company called VYP.com, a video yellow pages site that would bring local merchants to life in commercials. See full story.

    SAN FRANCISCO (MarketWatch) -- With signs that a multiyear run for emerging markets stocks is winding down, a pair of well-known strategists are warning mutual-fund investors against paring back too much. See full story.
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