MARKETS CONTINUE STUNNING TURNAROUND, DOW UP 150 FROM LOW

chart

Photo: Google Finance

Update 1:50Now the Dow is down just 30 points

According to Reuters, the EFSF said that it continues to expect to pay Greece its scheduled bailout funds. rumours to the contrary exacerbated this morning’s sell-off.

Update 11:20

The Dow is now down just 60 points.

Update 10:20

The Dow is now down 160.  There are reports that eurozone leaders are debating whether to delay bailout funds to Greece.

Original 9:40

The markets just opened and stocks are down.

Dow down 114 points.

S&P down 13 points.

Nasdaq down 30 points.

Once again, the story is Europe.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us