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View Full Version : European stocks down sharply as Fed 'feel-good' rally falters


shevaub
01-23-2008, 01:27 PM
European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reserve's surprise interest rate cut aimed at shoring up the sagging American economy.
In early afternoon trade, London's FTSE 100 index was down about 2.77% but in Frankfurt the DAX 30 was off 4.45% and in Paris the CAC 40 index lost nearly 4.00%.....
http://vietstocknews.blogspot.com/2008/01/european-stocks-down-sharply-as-fed.html