Stocks were lower in anticipation of Alan Greenspan's word on whether interest rates would rise (they won't). By late morning, the Nasdaq was off 13 and the Dow was down 18. Asia: The Hang Seng plunged 4.91 percent. The Nikkei lost 1.23 percent. Europe: Asian woes helped subdue trading in Britain (down 0.99 percent), France (down 0.48 percent), and Germany (down 0.10 percent).
Market Watch
Stocks were lower in anticipation of Alan Greenspan's word on whether interest rates would rise (they won't). By late morning, the Nasdaq was off 13 and the Dow was down 18. Asia: The Hang Seng plunged 4.91 percent. The Nikkei lost 1.23 percent. Europe: Asian woes helped subdue trading in Britain (down 0.99 percent), France (down 0.48 percent), and Germany (down 0.10 percent).
