Showing posts with the label NYT | Business Day

China, Adicted to Bootleg Software, Reels From Ransomware AttackNYT | Business Day - May 15, 2017

NYT | Business Day: Stocks Tumble as Signs Point to Weak Global Economy

Stocks Tumble as Signs Point to Weak Global Economy DOW S & P 500 NASDAQ By GRAHAM BOWLEY Published: August 4, 2011 The stock market fell sharply Thursday on intensifying investor fears about a slowdown in global economic growth and worries about Europe’s ongoing debt crisis, which is centered now on Italy and Spain. As Japan intervened to weaken its currency and European stock markets turned negative across the board, United States stocks fell by around 3 percent in morning trading in New York. The Standard & Poor’s 500-stock index was down 42.70, or 3.39 percent. The Dow was off 356.32, or 3.00 percent, to 11,540.12, and the Nasdaq was down 96.33 points, or 3.58 percent. A fear haunting markets in the United States is that the economy may be heading for a double-dip recession . Although the fractious debt ceiling debate is now past, markets fear spending cuts and weaker economic data p