TITLE

China Jolts World Markets

AUTHOR(S)
Sorich, Annie
PUB. DATE
March 2007
SOURCE
Morningstar FundInvestor;Mar2007, Vol. 15 Issue 7, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article examines how the stock market in China ended February in shocking fashion with a big sell-off, resulting to one of the biggest drops in the U.S. market in a decade. A decline in the Shanghai Composite Index on February 27, 2007 precipitated losses in markets throughout the world, including a 3.3 percent drop of the Dow Jones Industrial Average. The risks in emerging markets after a huge rally is a reminder being sent by the sell-off.
ACCESSION #
24309555

 

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