The dow plunging 180 at the open and rebounding at the close. There was nothing normal about the trading session. Investors dumped stocks from europe about the Financial Health of a big but relatively little known bank in portugal. It missed some debt payments that stirred up worries of a repeat of the european banking crisis from a few years ago. But then, comments from many market pros here in the u. S. All day long reassured investors the fundamentals had not really changed and stocks made a uturn. By the end of the day the dow lost 70, nasdaq off 22 and s p slipped eight points. Todays losses followed a big sell off over in europe, not only because of worries about the health of portugals Financial System but a slowdown in manufacturing across the contine continent. That renewed concerns how far europe and its banks have come since the financial crisis. Karen has more now from london. Reporter it was a day of fear for european markets as investors were scared by the Banking System
The dow plunging 180 at the open and rebounding at the close. There was nothing normal about the trading session. Investors dumped stocks from europe about the Financial Health of a big but relatively little known bank in portugal. It missed some debt payments that stirred up worries of a repeat of the european banking crisis from a few years ago. But then, comments from many market pros here in the u. S. All day long reassured investors the fundamentals had not really changed and stocks made a uturn. By the end of the day the dow lost 70, nasdaq off 22 and s p slipped eight points. Todays losses followed a big sell off over in europe, not only because of worries about the health of portugals Financial System but a slowdown in manufacturing across the contine continent. That renewed concerns how far europe and its banks have come since the financial crisis. Karen has more now from london. Reporter it was a day of fear for european markets as investors were scared by the Banking System
There was nothing normal about the trading session. Investors dumped stocks from europe about the Financial Health of a big but relatively little known bank in portugal. It missed some debt payments that stirred up worries of a repeat of the european banking crisis from a few years ago. But then, comments from many market pros here in the u. S. All day long reassured investors the fundamentals had not really changed and stocks made a uturn. By the end of the day the dow lost 70, nasdaq off 22 and s p slipped eight points. Todays losses followed a big sell off over in europe, not only because of worries about the health of portugals Financial System but a slowdown in manufacturing across the contine continent. That renewed concerns how far europe and its banks have come since the financial crisis. Karen has more now from london. Reporter it was a day of fear for european markets as investors were scared by the Banking System and Economic News. It slumped 1. 2 in may about a soft patch e
The dow plunging 180 at the open and rebounding at the close. There was nothing normal about the trading session. Investors dumped stocks from europe about the Financial Health of a big but relatively little known bank in portugal. It missed some debt payments that stirred up worries of a repeat of the european banking crisis from a few years ago. But then, comments from many market pros here in the u. S. All day long reassured investors the fundamentals had not really changed and stocks made a uturn. By the end of the day the dow lost 70, nasdaq off 22 and s p slipped eight points. Todays losses followed a big sell off over in europe, not only because of worries about the health of portugals Financial System but a slowdown in manufacturing across the contine continent. That renewed concerns how far europe and its banks have come since the financial crisis. Karen has more now from london. Reporter it was a day of fear for european markets as investors were scared by the Banking System