Wall Street opens with sharp losses

Takeover talk buoyed medical devices firm Smith & Nephew today, but the wider market remained in the red as Wall Street opened with sharp losses.

Wall Street opens with sharp losses
Mon, 10 Jan, 2011 - 16:02

Takeover talk buoyed medical devices firm Smith & Nephew today, but the wider market remained in the red as Wall Street opened with sharp losses.

The Dow Jones Industrial Average fell more than 70 points soon after opening, mirroring declines across the UK and Europe amid renewed sovereign debt fears and concerns over demand in China.

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CourtsBusinessHeathrowPlace: Wall StreetPlace: UKPlace: EuropePlace: ChinaPlace: LondonPlace: USEvent: ChristmasOrganisation: Smith & NephewOrganisation: Johnson & JohnsonOrganisation: MorrisonsOrganisation: DebenhamsOrganisation: VatOrganisation: OcadoOrganisation: PersimmonOrganisation: Barratt DevelopmentsOrganisation: Bovis Homes
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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