European, Asian Markets Plunge

[cobra de capell]

European, Asian Markets Plunge
Monday January 21, 10:30 am ET
By Toby Anderson, AP Business Writer
European, Asian Markets Plunge Amid Pessimism Over US Stimulus Plan


LONDON (AP) -- European and Asian stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.

The U.K. benchmark FTSE-100 dropped 3.9 percent to 5,673.1; France's CAC-40 Index plunged 4.5 percent to 4,861.2, while Germany's slumped 5.35 percent to 6,922.7.

In Asia, India's benchmark stock index tumbled 7.4 percent, while Hong Kong's blue-chip Hang Seng index plummeted 5.5 percent to 23,818.86, its biggest percentage drop since the Sept. 11, 2001, terror attacks.

Snip........European, Asian Markets Plunge: Financial News - Yahoo! Finance
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Yes, it's the long haul in the market that matters, but the DOW futures are down 400 points as I post it - so, your 401K and IRA funds are in for a surprise tomorrow!