MARKET DISASTER: Stocks Are Tanking Across The Globe

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Photo: Wikimedia Commons

Surprise! The U.S. has stolen the spotlight from Europe today, and markets have proceeded to tank across the world.All U.S. markets are off almost 2 per cent:

Dow: -1.8%
NASDAQ: -2.1%
S&P 500: -1.9%

If you’re not miserable already, then take a look at the European scoreboard at the markets close:

FTSE 100: -1.3%
CAC 40: -2.0%
DAX: -3.6%
FTSE MIB: -1.2%
IBEX 35: -0.1%

The big deal here is that European worries appear to be seeping into the Core, hitting a Germany that has long resisted market pressures as the European safe haven.

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