Asian, European Markets Plunge

Asian and European stock markets plunged Thursday, hours after U.S. Federal Reserve chief Ben Bernanke said the central bank may ease back on its efforts to the stimulate the country’s economy, the world’s largest.

Key Asian exchanges ended down by about 2 percent or more, with markets in Paris, Frankfurt and London all falling by more than 2 percent in afternoon trading. Key U.S. exchanges, which fell more than 1 percent Wednesday after Bernanke outlined the central bank’s plans, …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.