The Sell-off Is Spreading: Markets Now In Triple-Digit Loss Territory; UBS CIO Warns Of Japanese “Abegeddon” Scenario!!! DOW -200!!! Dow Jones Drops Under 15,000!!!

Wednesday, June 5, 2013
By Paul Martin
June 5th, 2013

Markets Around The World Getting Smoked — Dow On The Verge Of Falling Below 15,000

Markets across Europe just closed at their lowest levels of the day.

The London FTSE 100 fell 2.1%, the French CAC 40 fell 1.9%, the German DAX lost 1.2%, the Spanish IBEX 35 retreated 0.9% and the Italian FTSE MIB fell 1.0%.

European markets are now trading at six-week lows.

Meanwhile, in the United States, the Dow Jones Industrial Average is down 1.2% (off 180 points), and is now trading at 14,991.

The S&P 500 is down 1.1%, and the NASDAQ is 1.0% lower. All three are trading at their lowest levels of the day.

The S&P 500 is trading around 1617 this morning, 4.1% off its peak level of 1687 turned in on May 22.

Markets Now In Triple-Digit Loss Territory

After this morning’s economic data releases.

The Rest…HERE

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