Global exchange react to the economic slowdown in China
on Wall Street and other major exchanges continued sharp drop in prices. It is reported. Dow Jones Industrial Average fell 21 August nearly 531 point (3.1%), another important index S & P500 – 3.2%. These results were in the ten worst daily results torushill in the history of the New York Stock Exchange. From the historical peak reached in May, the Dow Jones fell by more than 10 percent. The main reason for the fall analysts say pessimistic about future earnings against the backdrop of a significant economic slowdown in China. According to observers, panic gripped the stock exchange, so any novyny participants perceived by the negative. Analysts do not rule out that the trend will continue in the near future. The greatest decrease in quotations during one trading session occurred on Oct. 19, 1987, when the Dow lost 508 points (22%). Analysts still can not logically explain that a grand collapse.Source: http://artlife.rv.ua/