Advertise On EU-Digest

Annual Advertising Rates

8/5/11

Stocks Plunge in US, Europe | Economy | English

 US. stock market prices plunged in Thursday's trading, wiping out all the gains made so far this year. Investors were apparently worried about the debt crisis in Europe and reports suggesting that U.S. economic growth may not resume as quickly or as strongly as had been hoped.

In New York trading, the Dow Jones Industrial Average fell 513 points, or 4.3 percent. The S&P 500, which tracks large companies, was down 4.8 percent. And the many technology stocks in the NASDAQ were hurt even more, falling 5.1 percent.

For more Stocks Plunge in US, Europe | Economy | English

No comments: