While we are enjoying our weekend, and Monday Labor holiday. The European stocks tumbled, and tomorrow will create a domino effect in the US stocks.
"European stocks tumbled Monday, with the Stoxx Europe 600 Index posting
its biggest two-day drop since March 2009 on investor speculation that
support for bailing out Europe’s indebted nations may fade.
The Stoxx Europe 600 Index lost 4 percent to 223.86 at the 4:30 p.m.
close in London, following Friday's 2.4 percent plunge off of a
worse-than-forecast U.S. jobs report. The U.K.’s FTSE 100 Index dropped
3.6 percent and France’s CAC 40 Index lost 4.7 percent." (2011, WashingtonPost.com)
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