reportonbusiness.com: Market Action

Posted AT 8:43 AM EST on 21/01/08

Asian, European markets sink amid pessimism about U.S. stimulus plan

TOBY ANDERSON

Associated Press

LONDON — European and Asian stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession. The U.K. benchmark FTSE-100 dropped 3.9 per cent to 5,673.1; France's CAC-40 Index plunged 4.5 per cent to 4,861.2, while Germany's slumped 5.35 per cent to 6,922.7. In Asia, India's benchmark stock index tumbled 7.

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TSX
DJIA
S&P
Nasdaq

Market	Change	Value
Data delayed 15 minutes
S&P/TSX	-78.40	8,327.81
DJIA	+270.00	8,419.09
S&P 500	+32.60	848.81
Nasdaq	+51.73	1,449.80

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