US stocks, following foreign markets, fell sharply in early Thursday trading after Greenspan said there is no coordinated G7 effort to cut interest rates. The Dow was down 219.36 at 7870.42, and the Nasdaq slid 39.77 to 1650.14. Asia: The Nikkei declined 338.56 to 13859.14 and the Hang Seng dropped 284.11 to 7576.57. Europe: The FTSE plunged 173.60 to 5118.10, the DAX dropped 188.46 to 4669.51, and the CAC 40 lost 185.89 to 3543.43.
Market Watch
US stocks, following foreign markets, fell sharply in early Thursday trading after Greenspan said there is no coordinated G7 effort to cut interest rates. The Dow was down 219.36 at 7870.42, and the Nasdaq slid 39.77 to 1650.14. Asia: The Nikkei declined 338.56 to 13859.14 and the Hang Seng dropped 284.11 to 7576.57. Europe: The FTSE plunged 173.60 to 5118.10, the DAX dropped 188.46 to 4669.51, and the CAC 40 lost 185.89 to 3543.43.
