THINGS ARE GETTING WORSE: European Selloff Gathers Steam, Futures Diving More

Dive

Photo: Flickr/Joe Shlabotnik

After an initial bout of selling, things are getting even worse.News that authorities in France and Belgium will protect the depositors of the troubled Belgian bank Dexia is having no positive effect, as the DAX slides to its lowest level of the morning, down closer to 4%.

France is off 3%.

The UK’s FTSE 100 is off 3.2%.

US futures are also down solidly, with another big 140+ open currently anticipated by the futures market.

There’s a lot that investors have their minds on right now. Click here to see a roundup of this morning’s news >

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