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View Full Version : Dow Jones drop 400 points, Sinkie open Thursday down how much? Sell, sell , sell!


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16-10-2014, 04:00 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.bbc.com/news/business-29630624

Global shares have fallen sharply as concerns about weak global economic growth knock investor confidence.

In the US, the Dow Jones fell by more than 400 points, or 2.5%, to 15,911, before recovering slightly. European markets were also sharply lower.

The Dow is down more than 1,000 points, or 6%, in the past month.

Oil prices also continued to slide, with Brent crude falling below $85 a barrel and US light crude dipping below $81.

Brent crude has fallen by 20% since the summer on concerns of oversupply, as output increases and forecasts for future demand fall because of concerns about sluggish global growth.

On stock markets, the main Cac 40 index in France closed down 3.6%, while Germany's Dax index and the UK's FTSE 100 both ended the day down about 2.8%.


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