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The S&P/ASX 200 Index plunged on opening and finished down 230 points, or 5.9%, at 3697.3, its low for the day. The rout, which was exacerbated by fears over the condition of banks and financials, followed similar falls on Wall Street. The Dow Jones Industrial...
Tags: sink, Australia, market plunged, wall street, S&P
The broader market plunged, with the Dow Jones industrial average losing nearly 500 points to fall below 10,000 for the first time in four years. The markets plunged as investors were concerned the $700 billion rescue package passed by Congress last week...
Tags: stock, market plunged, Dow Jones Industrials, sector snap, credit market, broader market, Congress, industrials average, billion rescue, rescue packaged
Disappointing reports on US retail sales and jobless claims overnight undercut hopes for a late-year recovery in the world's biggest economy, a critical export market. Germany's DAX lost 1.41 per cent to 6,191.16, and France's CAC 40 fell 0.95 per cent...
Tags: sink, wall street, market plunged