Tuesday, February 27, 2007

U.S. stocks plunge to worst 1-day drop since 2001

4:30 pm ET Feb 27, 2007

Brutal day on Wall Street
Dow tumbles 415 points, biggest one-day point loss since 2001, as
investors eye China, thwarted attack on Cheney, drop in durable orders.

DJIA

12,216

-416.02

S&P

1,399

-50.33

NASDAQ

2,407

-96.66

10Yr

4.51%

-0.118

U.S. stocks plunge to worst 1-day drop since 2001

NEW YORK
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 China fueled concerns about growth.

Emerging Markets Report: Global markets tumble as China fear spills
over

NEW YORK
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.

U.S. brokers bet big on China, and suffer, in sell-off aftermath

NEW YORK
The sell-off in China 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.

0 Comments:

Post a Comment

<< Home