Tokyo lurches into the red
To rest is to think not currently in stock markets. After yesterday already made new York and Frankurt middling business caught it again today, the stock market in Tokyo: It is located in a free fall.
The Nikkei index plunged by more than seven per cent and was only at 7864.18 points. One reason for the sell-off was the rise of the yen, which exports more expensive for Japanese companies. Wall Street had closed mixed yesterday evening after a trading day with strong fluctuations. The Dow Jones with 30 major titles climbed 2.02 percent to 8691.25 points, while high-tech stocks were less in demand. The Nasdaq has lost nearly one percent.
Sold today morning in Tokyo were mainly export-oriented company shares. Background of the appreciation of the yen in comparison to the dollar. The electronics giant Sony established its pessimistic outlook about the unfavorable currency ratio and the economy. Already yesterday, the Nikkei closed with a loss of 2.5 percent.
Even in Hong Kong today were recorded heavy losses: the Hang Seng index fell by more than four percent. In South Korea, the benchmark index fell for the first in more than three years under the mark of 1000 points. This represented a loss of 5.5 percent.
The economic downturn in the U.S., meanwhile, increasingly visible in the labor market. The number of applications for unemployment benefits rose after government data last week by 15,000 to 478,000. Starting at 400 000 is seen to reach a recession. The unemployment rate is currently 6.1 percent. In the 1991/92 economic crisis, it was 7.8 and in 1982 even more than ten percent. Among the companies that want to reduce the jobs include big names like Goldman Sachs, Xerox and Chrysler.
Related to:
vgp-bps2c battery , dell inspiron 1520 battery , dell inspiron 700m battery
dell battery , dell latitude d600 battery , dell latitude d610 battery
Via:
