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Wall Street set for sharp drop as yen surges

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posted on Oct, 27 2008 @ 08:20 AM
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If this dosent bounce back after the steep decline, we could be in for a very interesting day.


NEW YORK - U.S. stocks headed for yet another sharply lower open Monday as stock markets tumbled further around the world on worries about the health of the global economy. A surge in the yen illustrated investors’ nervousness about how much economic activity could slow. Japan’s Nikkei 225 index dropped to its lowest close in 26 years as investors worried that the high yen will hurt Japanese exports and further disrupt economic activity. The currency moved to the 93 yen level.

www.msnbc.msn.com...

This is the current standings on the dowfutures index, it could well drop below 8000 when markets open..







I think they halt trading if it drops to 7400.

This site is good for getting updates.
www.djindexes.com...




 
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