New York indexes sank as Greenspan and his Fed interest squad held their monthly palaver on rates. The Dow was off 25 to 7534; the Nasdaq was off 11, to 1574. European markets traded lower, with London's FTSE 100 down 2 percent, after news of sharply lower indexes on Asian exchanges. Tokyo's Nikkei index lost 2.7 percent and Hong Kong's Hang Seng was off 3.9 percent.
Markets Down
New York indexes sank as Greenspan and his Fed interest squad held their monthly palaver on rates. The Dow was off 25 to 7534; the Nasdaq was off 11, to 1574. European markets traded lower, with London's FTSE 100 down 2 percent, after news of sharply lower indexes on Asian exchanges. Tokyo's Nikkei index lost 2.7 percent and Hong Kong's Hang Seng was off 3.9 percent.
