European Stocks Down Moderately, U.S. Loses a Lot

February 22nd, 2011
in econ_news

Econintersect:  All ten European bourses were down Tuesday, but Paris was the only one that managed to lose 1%.  The CAC 40 closed down 1.2%.  Six of the markets lost less than 0.5%.

Follow up:

Europe did much better than the U.S. where everyhting was down as well, but by much largers amounts.  A number of U.S. stock indexes lost 3% - 4% and almost everything lost more than 1%.  Only U.S. index not losing at least 1% among those listed by Yahoo Finance, was the Dow Jones Utility Index, down 0.2%.

The biggest loser in New York was the NASDAQ Tranasportation Index with a loss of 5.1%. 

Sources:  Yahoo Finance and GEI Live Market

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