Trader Alert: Stocks Are Getting Demolished, One of The World’s Biggest Banks About To Decline “50% Again”, Key Currency (YEN) About To Suggest The “Risk Off” Trade Is At Hand
August 27th, 2013
The global market sell-off is getting a whole lot worse.
The Dow is down 180 points. The Nasdaq is down 83 points, which translates to a 2.2% loss on the day.
The biggest losers today include chip companies AMD and Micron Technology, which are down 5% and 4%, respectively.
Europe Got Crushed Today
Markets have closed in Europe, and stocks ended deep in the red.
Britain’s FTSE 100 fell 0.7%.
France’s CAC 40 fell 2.3%.
Germany’s DAX fell 2.1%.
Spain’s IBEX fell 3.1%.
Italy’s FTSE MIB fell 2.2%.
The sell-off comes as tensions rise in Syria.