Black Tuesday in Europe

March 15th, 2011
in econ_news

Econintersect:  European stocks followed the far eastern markets over the cliff Tuesday, March 15.  Seven of the eleven major European markets lost between 2.3% and 3.2%.  The four markets which lost less than 2% were Madrid (-0.8%), London (-1.4%), Vienna (-1.6%) and Oslo (-1.9%).

Follow up:

The biggest losers were Frankfurt (-3.2%) and Brussels (-3.1%).  Third and fourth from the bottom were Geneva (-2.8%) and Paris (-2.5%).  Eurpean bourses closed before an afternoon rally in New York recovered half of major index losses to close down in the range of 1% to 1.2%.   

Sources:  Yahoo FinanceGEI News and Bolsa de Madrid

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