US market indices sank

US market indices sank
# 10 December 2008 08:46 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. The Dow Jones Industrial Average sank 2.72 percent to close at 8,691.33, ending a two-session winning streakç AFP reported.
The tech-dominated Nasdaq dropped 1.55 percent to 1,547.34 and the broad Standard & Poor’s 500 index lost 2.31 percent to 888.67.
European exchanges meanwhile focused on a better-than-anticipated report on investor confidence in Germany, the largest eurozone economy.
The London FTSE 100 index closed with a gain of 1.89 percent, the CAC 40 in Paris added 1.55 percent and the Frankfurt Dax closed 1.34 percent in positive territory.
Earlier in Asia, Tokyo gained 0.80 percent and Singapore ended 5.75 percent higher, but Sydney shed 1.1 percent and Hong Kong closed down 1.9 percent.
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