Global Market Melt Down - US and Asian Market Crash

• Author: admin
• Filed under: World Market
• Date: Jun 27,2008

US Market Crashed yesterday and so all asian markets are following the same trend now .
NASDAQ 2321.37 -79.89 -3.33%
DJIA 11453.42 -358.41 -3.03%
S&P 1283.15 -38.82 -2.94%
What Moved the market
Earnings results mixed against estimates
Goldman sees capital raises at select financial firms, issues downgrades for C and GM
Weekly jobless claims exceed expectations, unchanged from prior week
Oil prices rally to all-time high above $140 per barrel