USA: Tech stocks were trounced in early trading as Wall Street tumbled on fears that the Fed's next move will be to tighten rates. By midmorning, the Nasdaq was off more than 12 points and the Dow was down almost 80. Asia: Disappointment over Tokyo's stimulus plan depressed the Nikkei by 2.26 percent. Hong Kong's Hang Seng feared an interest-rate hike in the United States and fell 2.63 percent. Europe: A losing day in Britain (1.22 percent), France (1.21 percent), and Germany (1.09 percent).
Market Watch
USA: Tech stocks were trounced in early trading as Wall Street tumbled on fears that the Fed's next move will be to tighten rates. By midmorning, the Nasdaq was off more than 12 points and the Dow was down almost 80. Asia: Disappointment over Tokyo's stimulus plan depressed the Nikkei by 2.26 percent. Hong Kong's Hang Seng feared an interest-rate hike in the United States and fell 2.63 percent. Europe: A losing day in Britain (1.22 percent), France (1.21 percent), and Germany (1.09 percent).
