Sensex

Tuesday, June 29, 2010

**[investwise]** Panic Grips The Global Equity Markets

 


Stock futures and interest rates are tumbling after fresh signs of a global economic slowdown spooked investors.
 
Asian markets have plummeted Tuesday on weak Japanese economic data. European markets are falling after Greek workers are again protesting austerity measures.
 
The yield on the 10-year Treasury note is down below 3 percent for the first time since April 2009.
 
Investor worry about the economy has spread to consumers. A report due out Tuesday is expected to show consumer confidence fell in June.
 
Dow Jones industrial average futures are down 108, or 1.1 percent, at 9,980. Standard & Poor's 500 index futures are down 12.90, or 1.2 percent, at 1,058.00, while Nasdaq 100 index futures are down 26.50, or 1.4 percent, at 1,809.50.

 
Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 

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