Posted AT 10:15 PM EDT on 22/05/06
Emerging markets feel the pain
Emerging markets, the darlings of stock market investors in recent years, are bearing the brunt of a growing global selloff that has sent investors scurrying for the exits.
Concerns about lower commodity prices and a possible hike in U.S. interest rates have led to a worldwide stock market correction that started earlier this month.
The full text of this article has 617 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | +219.83 | 13,750.48 |
| DJIA | +212.67 | 11,715.18 |
| S&P 500 | +19.02 | 1,300.68 |
| Nasdaq | +29.18 | 2,411.64 |
| Stock Profile | Sponsored by: |
|---|---|
 |
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Zoom Airlines shuts down 6:34 PM
|
| 2. | iPhone users show modest data usage 1:28 PM
|
| 3. | Harper doesn't rule out recession 1:29 PM
|
| 4. | Dell profit plummets 17% 5:05 PM
|
| 5. | TD Bank raises dividend 3% 10:19 AM
|
| 6. | Linamar lays off 800 2:46 PM
|
| 7. | Russia weighs buying stocks: lawmaker 4:39 PM
|
| 8. | Royal Bank earnings drop 10 per cent 11:16 AM
|
| 9. | National Bank reports record profit 9:48 AM
|
| 10. | TransCanada wins Alaska clearance 6:23 AM
|
Video Pick
- Damage control
- How did Maple Leaf Foods do following the listeria outbreak?
Most powerful women
- Germany's Chancellor Merkel tops Forbes list
- Sheila Bair, Condoleezza Rice also in top 10
Magazine
- Banks: Don't rush out to buy them
- Investors have many reasons to be concerned
The Law Page
- The armour strengthens around privilege
- Landmark decision for lawyer-client communication
Business incubator
- Even if good for you, gum's a sticky game
- Trying to break through with new product
ERIC REGULYNo organic for me, please
KONRAD YAKABUSKIHOW PEPSI WON QUEBEC
TIM CESTNICKBeg, borrow, steal: Create a game plan for postsecondary funding