Economy

xchrom

(108,903 posts)

12. TECH SELL-OFF SENDS WORLD STOCK MARKETS LOWER

Fri Apr 11, 2014, 07:35 AM

Apr 2014

http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-04-11-07-17-18

SEOUL, South Korea (AP) -- Global stock markets fell Friday as investors marked down technology stocks and a drop in U.S. jobless claims failed to boost confidence.

Sentiment was hit after the tech-heavy Nasdaq index on Thursday had its worst day since 2011 amid concerns that technology stocks are overvalued.

European markets traded lower, with Britain's FTSE 100 losing 1.2 percent to 6,563.56 by midday in London. Germany's DAX fell 1.5 percent to 9,317.13 and France's CAC-40 shed 1.1 percent to 4,364.66.

Wall Street looked set for lackluster trading - Dow and S&P 500 futures were both down 0.1 percent. Nasdaq futures pointed to further losses of 0.2 percent.

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STOCK MARKET WATCH -- Friday, 11 April 2014 [View all] Tansy_Gold Apr 2014 OP

Now that's a true cartoon. Bait and Switch Reigns Demeter Apr 2014 #1

La Brea Tansy_Gold Apr 2014 #4

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