Traders have been heavily selling the euro in recent weeks because of uneasiness over whether steep budget cuts in countries like Greece, Spain and Portugal will drag down an economic recovery on the continent.
an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
The Standard & Poorâs/Case-Shiller 20-city home price index fell 0.5 percent in March from February, a sign that the housing market remains weak even as mortgage rates are near historic lows.
a frame that supports a boat while it is under construction
NEW YORK â The Dow Jones industrials plunged below 10,000 today as traders turned away from stocks amid worries about the global economy and tensions between North and South Korea.
of or relating to or characteristic of Korea or its people or language
Markets were also hurt by reports that North Korean leader Kim Jong Il ordered his military to combat alert because of rising tensions on the Korean peninsula.
The Standard & Poorâs 500 index fell 22.74, or 2.1 percent, to 1,050.91, while the Nasdaq composite index dropped 53.10, or 2.4 percent, to 2,160.45.
the system of production and distribution and consumption
NEW YORK â The Dow Jones industrials plunged below 10,000 today as traders turned away from stocks amid worries about the global economy and tensions between North and South Korea.
âMarket participants feel like theyâre walking on eggshells,â said Oliver Pursche, executive vice president at Gary Goldberg Financial Services in Suffern, N.Y. âEvery small piece of potentially bad news is being exaggerated and mentally being fast-forwarded to the worst-case scenario.â
a conveyance of property as security for repaying a loan
The Standard & Poorâs/Case-Shiller 20-city home price index fell 0.5 percent in March from February, a sign that the housing market remains weak even as mortgage rates are near historic lows.
of or relating to production and management of wealth
Traders have been heavily selling the euro in recent weeks because of uneasiness over whether steep budget cuts in countries like Greece, Spain and Portugal will drag down an economic recovery on the continent.
an executive officer ranking immediately below a president
âMarket participants feel like theyâre walking on eggshells,â said Oliver Pursche, executive vice president at Gary Goldberg Financial Services in Suffern, N.Y. âEvery small piece of potentially bad news is being exaggerated and mentally being fast-forwarded to the worst-case scenario.â
Traders have been heavily selling the euro in recent weeks because of uneasiness over whether steep budget cuts in countries like Greece, Spain and Portugal will drag down an economic recovery on the continent.
a person responsible for the administration of a business
âMarket participants feel like theyâre walking on eggshells,â said Oliver Pursche, executive vice president at Gary Goldberg Financial Services in Suffern, N.Y. âEvery small piece of potentially bad news is being exaggerated and mentally being fast-forwarded to the worst-case scenario.â
âMarket participants feel like theyâre walking on eggshells,â said Oliver Pursche, executive vice president at Gary Goldberg Financial Services in Suffern, N.Y. âEvery small piece of potentially bad news is being exaggerated and mentally being fast-forwarded to the worst-case scenario.â
Markets were also hurt by reports that North Korean leader Kim Jong Il ordered his military to combat alert because of rising tensions on the Korean peninsula.