Tuesday, June 29, 2010

News Alert: New Jitters About Global Growth Depress Stocks; S.&P. 500 Falls 3.1%

Breaking News Alert
The New York Times
Tue, June 29, 2010 -- 4:21 PM ET
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New Jitters About Global Growth Depress Stocks; S.&P. 500 Falls 3.1%

Stocks in the United States fell sharply Tuesday, following a
broad sell-off in Europe and Asia that was fueled by concerns
over the pace of growth in the global economy.

The global trend began after the Conference Board, a private
research group, said it had recalculated its leading economic
index for China to show only modest growth in April.

The Standard & Poor's 500-stock index closed down more than 3
percent. The Dow Jones industrial average was off almost 270
points, and fell below 9,900.

Read More:
http://www.nytimes.com/2010/06/30/business/30markets.html?emc=na

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