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Financial bloodbath continues - italkcash news

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Old 10-06-2008, 03:33 PM
ITalkCash Administrator
 
Join Date: Nov 2007
Posts: 489
Default Financial bloodbath continues

This is probably one of the worst financial crises in modern history. The markets as of now are hit hard.

US: (^DJI 9918.78 -4.10%) (^IXIC 1851.81 -5.16%) (^SPX 1050.89 -4.60%)
Europe: (^FCHI 3765.77 -8.36%) (^GDAXI 5398.38 -7.38%) (^FTSE 4638.89 -4.99%) (^TA100 760.89 -5.64%) (^SMSI 1156.55 -5.91%) (^MIBTEL 18053.000 -8.52%)
Asia: (^SSEA 2282.814 -5.52%) (^HSI 16803.76 -5.23%) (^N225 10473.09 -4.44%) (^STI 2168.32 -5.94%) (^TWII 5505.70 -4.30%) (^KS11 1358.75 -4.48%)

These are just some of the figures among the markets right now. On a regional scale everyone and everything seems to be loosing as the credit crisis is getting worse by the hour.

Tomorrow the FED will conduct a meeting again in the US, where talks about taking down the interest rate is probably a reality. Regardless what the markets are hit hard and money are lost all over, truly a financial bloodbath.
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