We'll be providing market updates here on Coffee House and Trading Floor today, as the financial turmoil continues.
So, just to recap:
-- The Dow Jones index closed at -6.98 percent yesterday evening.
-- Nasdaq closed at -9.14.
-- The Nikkei index closed this moring at -4.12
-- Hang Seng closed at +0.76
And so far today:
-- After an early plummet, the FTSE is hovering around the 0 percent mark. It's currently at +0.17 percent.
-- Dax is at -0.98
Today's biggest loser so far has been HBOS - at time of writing, shares in that company are down around 10 percent. As Paul Waugh points out, that could be causing a few headaches in No.10.
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James
September 30th, 2008 3:11pmI am reminded of the 10cc classic 'Wall Street Shuffle'
You're gotta be cool on Wall Street
When the index is low
Dow Jones ain't got time for the bums
They wind up on skid row with holes in their pockets
They plead with you, buddy can you spare the dime.
(or in this case $700 billion)