Markets plummeted across the global on concerns of credit availability, falling earnings, and job losses.
The Nikkei dropped 6.4% to 7,162. The Hang Seng was off 12.2% to 11.080. The Shanghia Composite was off 6.3% to 1,723.
Douglas A. McIntyre is an editor at 24/7 Wall St.
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Reader Comments (Page 1 of 1)
10-27-2008 @ 4:19AM
ynot said...
Governments manipulating the stock markets and they still fall. Now they want to manipulate currency prices also. You would have to be a jackass to invest now!!! You think you have a winner and then oops, the government changes the rules and now you got a loser. Yes. This will install faith in the markets. NOT.
10-27-2008 @ 4:42AM
andy abraham said...
Do you think we are at the point of capitulation..we have been speaking on the forums of myinvestorsplace.com about this...what is your opinion?
thanks
Andy