Posted Oct 24th 2008 3:56AM by Douglas McIntyre
Filed under: Sony Corp ADR (SNE)
Asian markets fell sharply overnight.
The Nikkei fell 9.6% to 7,649, lead by Sony (NYSE: SNE) which cut forecasts. The Hang Seng fell 6.1% to 12,919. And, the Shanghai Composite moved down. 1.9% to 1,840.
Just after the open in Europe, the FTSE was off 4% to 3,926. The Dax was down 5.3% to 4,280. The CAC 40 was down 5% to 3,146.
Douglas A. McIntyre is an editor at 24/7 Wall St.
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Reader Comments (Page 1 of 1)
10-24-2008 @ 6:00AM
Dan Barnett said...
Trading halted on Russian Market?
& when does Doug McIntyre sleep?
10-24-2008 @ 6:40AM
al coholic said...
Wow! nine more days like that and the Nikkei will be at zero! But all kidding aside, these are very uncomfortable times we live in.
10-24-2008 @ 8:35AM
antiobama said...
Elect Obama and watch the Dow go to the Negative. Iran Loves Obama.