Tuesday, February 17, 2009

A Terrible Tuesday for Finance

The financial world took another downturn today as markets across the globe dropped at alarming rates, likely caused by investors lack of confidence in the current global markets. The Dow, S&P, and NASDAQ all plummeted with higher than 4% losses, while the auto industry took yet another hit in the markets. At the same time the IMF has been giving stimulus to countries around the world during the crisis has reevaluated and decided it must give additional moneys as the financial climate worsens.

1 comment:

TJE said...

Worrisome.

http://online.wsj.com/article/SB123482908053095381.html