Page 9 - B1159 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The nasdaq plunged 174. taking a a look at overseas trading this morning. in tokyo, the nikkei stumbled to 153-point loss. but in hong kong, the hang seng plunged 1,159. and of course, as reported earlier, america s financial downgrade hit wall street like a bomb yesterday. there were losses far greater than most had expected. stocks tumbled, despite moody s, standard and poor s rival, reaffirming its aaa rating on america. how hard and how fast was the selling? trading volume was the highest since september 2008. the fourth highest on record. at just under 18 billion shares. to put wall street s recent losses in perspective. consider in late july, the dow was flirting with the 13,000 mark. yesterday it fell below 11,000 for the first time since last november. the nasdaq and s&p 500 are both down about 18% since the end of april. the nation s smaller ....

Taking Aa Look , Hong Kong , Hang Seng , Wall Street , Standard And Poor S , Americas Financial Downgrade Hit , Moody S , Trading Volume , 18 Billion , September 2008 , Sp 500 , For The First Time ,