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Plunging Dollar Sets Stock Slide in Motion As Bonds Also Ease.

Authors :
Browning, E. S.
Source :
Wall Street Journal - Eastern Edition. 9/23/2003, Vol. 242 Issue 59, pC1-C13. 0p.
Publication Year :
2003

Abstract

Assesses the economic activity in the stock market on September 22, 2003. Amount of drop in the Dow Jones Industrial Average, suggesting a plunging American dollar is worrying investors; View of analysts that the reaction of investors was an over-reaction; Financial performance of the 10-year Treasury note; Comments from John O'Donoghue, senior stock trader at brokerage firm Credit Suisse First Boston; Financial performances of the American dollar, Japanese Yen and euro, which were linked to the decision of several finance ministers to put pressure on the yen and yuan.

Details

Language :
English
ISSN :
00999660
Volume :
242
Issue :
59
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
10878110