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World Market indices go down

06 November 2008 09:32 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. The Dow Jones industrial average slid 486.01 points, or 5.05%, to 9139.27.
Standard & Poorâ€™s 500 Index plunged 52.98 points, or 5.27%, to close at 952.77. The Nasdaq Composite Index lost 98.48 points, or 5.53%, to 1681.64.
Trading was muted on the New York Stock Exchange, with about 1.31 billion shares changing hands - below last yearâ€™s estimated daily average of about 1.9 billion.
European stock markets also closed lower on Wednesday as the focus shifted back to global economic growth.
The FTSEurofirst 300 index of leading European shares closed 2.15% lower at 953.24 points. The index is down nearly 37% to date this year.
In Frankfurt, the DAX index ended at 5166.87 points, down 111.17 or 2.11%.
In Paris, the CAC-40 index closed at 3618.11 points, down 72.98 or 1.98%. The Swiss market index closed at 6177.15 points, down 222.83 or 3.48%.
In Britain, the FTSE 100 closed down 108.77 points, 2.3%, at 4,530.73, after gaining nearly 20% in the previous six sessions.