Crisis Legal NewsClick here to add this website to your favorites
  rss
Crisis News Search >>>

World stocks mixed on economic worries

Financial Law     updated  2008/11/10 06:45


World stock markets were mixed Monday as early enthusiasm over China's $586 billion economic stimulus plan dissipated amid renewed worries about the world economy after U.S. electronics retailer Circuit City Stores Inc. filed for bankruptcy protection.

U.S. shares, which opened strongly following Friday's strong finish, were down. The Dow Jones index of leading shares fell 31.38 points, or 0.4 percent, to 8,912.43.

The losses on Wall Street prompted some selling in Europe before the close after earlier strong gains in the wake of the Chinese stimulus package.

The FTSE 100 index of leading British shares ended up only 38.96 points, or 0.9 percent, at 4,403.92, while Germany's DAX was 87.07 points, or 1.8 percent, higher at 5,025.53. France's CAC-40 was 36.63 points, or 1.1 percent, higher at 3,505.75.

Investors became increasingly concerned that the economic recession in the U.S. will be deeper than anticipated and could lead to some high-profile casualties.

"That's likely to hold any recovery somewhat in check," said Hugh Johnson, chairman and chief investment officer of Johnson Illington Advisors.


© Crisis Legal News - All Rights Reserved.

The content contained on the web site has been prepared by Legal Crisis News
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 Law Firm Web Design Information
Law Promo can construct your law firm a brand new responsive website, or help you redesign your existing site to secure your place in the mobile world. We believe our work speaks for itself by showcasing quality design while reflecting our extensive experience in the online legal marketing industry. Law Firm Website Designs by Law Promo.| Law Firm Logo Design
   Latest Crisis Legal News
   Sponsored Links
Chicago Business Law Attorney
Corporate Litigation Attorneys
www.rothlawgroup.com
Fort Lauderdale Criminal Defense Lawyer
Miami Sex Crimes Lawyer
www.mishalilaw.com
Fort Washington Employment Law Firm
Attorney Marc E. Weinstein
www.meweinsteinlaw.com
Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Car Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
Eugene Criminal Defense
Law Office of Max J Mizejewski
Family Law. Call 541.505.9872
www.mjmlawoffice.com
CPA Accounting Web Design
Finanace Office Web Designs
www.webpromo.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Cobb County Criminal Attorney
Georgia Criminal Defense Lawyer
www.andrewschwartzlaw.com
San Francisco Trademark Lawyer
San Jose Trademark Lawyer
www.onulawfirm.com
Eugene Chapter 7 Bankruptcy Lawyer
Oregon Chapter 7 Bankruptcy Lawyer
www.willamettevalleybankruptcy.com