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London Bombings and the Markets.

Authors :
Fuerbringer, Jonathan
Landler, Mark
Bayot, Jennifer
Source :
New York Times. 7/8/2005, Vol. 154 Issue 53269, pC1-C7. 2p. 2 Color Photographs, 5 Black and White Photographs, 6 Graphs.
Publication Year :
2005

Abstract

Reports that markets across Europe and the U.S. were thrown into turmoil following the subway bombings in London, England, but recouped much of their losses by the day's end. Initial reactions of traders in Europe; Performance of the DAX Index, the FTSE 100 stock index and the New York Stock Exchange; Similarity of the trading patterns; How the London Stock Exchange remained open after the four terrorist attacks, though the market closed lower; Overview of the international markets; Observation that in the weeks and months after the initial shock of terrorist attacks, stock markets have been resilient; Views of economists, who fear a possible lowering of consumer confidence in Britain; How, in the U.S. the full impact of the attacks on consumer confidence will be evaluated in the weeks leading up to the next Federal Reserve policy-making meeting; Significance of the rebound in the price of oil. INSET: London Exchange Continues With Trading, by Heather Timmons.

Details

Language :
English
ISSN :
03624331
Volume :
154
Issue :
53269
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
17541663