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Japan Stock Markets Plunge In Friday Trading

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OrangeCountyDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-10-07 02:20 AM
Original message
Japan Stock Markets Plunge In Friday Trading
Source: Associated Press

TOKYO - Japanese stocks plunged Friday, following a sharp fall on Wall Street overnight, sparked by fears about a spreading credit crunch.

The Nikkei Stock Average of 225 issues shed 2.37 percent, or 406.51 points, to close at 16,764.09 points on the Tokyo Stock Exchange.

The broader Topix index, which includes all shares on the exchange's first section, fell 2.96 percent, or 49.88 points, to 1,633.93 points.

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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-10-07 02:54 AM
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1. Interesting
the markets might be more than just ammusing today
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OrangeCountyDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-10-07 03:19 AM
Response to Original message
2. Things Not Going Well So Far In Europe Either
The markets are open in Europe, and they're ALL in the Red.

ALL are down between 1.5% - 2.5%. I bet the U.S. market opens Down around 100, and drops more in the first half hour of trading.
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