Tuesday 9 August 2011

Stock market plunge shows no sign of stopping just yet « ArabianMoney

After the worst day for global stock markets since December 2008 there is no sign of a halt to the selling today with stock futures pointing to an even lower opening and few bargain hunters are to be seen.

Even the Fed is thought too worried by the crash to intervene for fear that its intervention might fail or encourage investors to think things are even worse than they are being told.


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