The three major Wall Street indexes tumbled more than 4
percent on Thursday, the third day of sharply lower trading.
Investors took in the latest reports in the United States on jobless filings, retail sales and productivity, and then turned their attention back to Europe and the concerns that Greece’s debt problems might spread.
The uncertainty pushed the euro to its lowest level in 14 months, at $1.2746 to the dollar. The dollar’s rise sent commodities prices lower.
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$1.2746
ReplyDeleteTime for a European vacation, if you have a job, and can afford be away from it for a couple of weeks