A day after the Nasdaq composite closed at a record high with a surge in technology stocks, U.S. financial markets followed European and Asian exchanges downward Thursday as traders continue to sell risky assets and commodities and try to interpret the significance of a plummeting stock market in China and increased uncertainty over Greece’s flirtation with bankruptcy.

The Dow Jones Industrial Average (INDEXDJX:.DJI) was down 65.70 points, or 0.36 percent, to 18,097.29 Thursday morning. The Standard & Poor’s 500 (INDEXNASDAQ:.IXIC) dropped 6.29 points, or 0.30 percent, to reach 2,117.21. The Nasdaq composite (INDEXSP:.INX) lost 12.31 points, or 0.24 percent, to hit 5,094.49. The Nasdaq closed at an all-time high on Wednesday.

Major European markets were headed to a red close on Thursday, with London, Frankfurt and Paris all down less than 1 percent. Tokyo’s Nikkei closed up slightly, while Hong Kong caught the flu from the mainland, dropping 2.23 percent to 27,454 after stocks in Shanghai’s stock market plummeted more than 7 percent, the second-biggest drop of the year after Jan. 19.

Read more

Be sure to get your improved boost of zinc and pregnenolone today with The Real Red Pill Plus now at 50% off!

Related Articles