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Monday, June 07, 2010

World Markets Tumble On Recovery Fears

Worries over U.S. jobs data and European debt knock global confidence



PARIS
- World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears that the debt crisis that began in Greece is spreading to Hungary.

The FTSE 100 index of leading British shares was down 1.2 percent at 5,066.77 while Germany's DAX slipped 0.8 percent to 5,889.71. The CAC-40 fell 1.3 percent to 3,410.93.

Oil was also buffeted, falling to near $70 a barrel.
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1 comment:

  1. Look out one world government is a comin !

    ReplyDelete

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