Stock Prices Plunge in Europe, Mirroring Losses in the U.S.
March 28, 2011
The Dow Jones Industrial Average was down nearly 40 points in midday trading in Westside after plunging 160 points a day earlier. The declines have triggered fears that a long-awaited correction in the U.S. market has begun. The key indexes in the bourses of London, France, Frankfurt, Brussels, Amsterdam, Milan, Madrid, Stockholm and Zurich all post solid losses. Gold shares in South Africa were only moderately lower, however, supported by the stronger gold price and weakness in the rand. In dollar terms, the European sector of the Dow Jones World Stock Index fell 0.37 to 141.41 Tuesday after losing 0.62 a day earlier. The world index as a whole fell 0.79 to 134.29, following Monday's loss of 1.76. Recreational-product and fishing shares led the Dow Jones Global Industry Groups, while cable-broadcast and lodging issues were among the laggards. European Stock Market Indexes Market Belgium
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