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Big Losses on Foreign Stock Exchanges
The U.S. stock markets are closed today, but world markets have taken very large hits on fears that the American economy is weakening.
Rich Miller
January 21, 2008
1 Min Read
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The U.S. stock markets are closed today for the Martin Luther King holiday, but world markets have taken very large hits on fears that the American economy is weakening. U.S. futures are sharply lower, foreshadowing a major decline when the market reopens Tuesday. Here's a summary of the percentage losses on major overseas exchanges:
India (Bombay Sensitive Index), off 7.4 percent
Singapore (Straits Times), down 6.1 percent
Hong Kong (Hang Seng), 5.5 percent lower
China (Shanghai Composite), down 5.1 percent
Germany (DAX), 5.3 percent lower
France (CAC), off 4.3 percent
United Kingdom (FTSE 100), down 3.7 percent
See coverage alsewhere at MarketWatch, CNBC and CNN.
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