World markets under pressure

Fears over the US economy and Chinese share prices put world markets under pressure today.

World markets under pressure
Thu, 24 May, 2007 - 20:43
1

Fears over the US economy and Chinese share prices put world markets under pressure today.

US housing data revealing that the selling price of new homes had plunged by more than 11% in the last month prompted a slide in the Dow Jones Industrial Average, which had reached a record high in the previous session.

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