Showing posts with label US recession fears pin down stocks. Show all posts
Showing posts with label US recession fears pin down stocks. Show all posts

Friday, February 22, 2008

US recession fears pin down stocks

LONDON - Worries that the world’s biggest economy may be deteriorating more rapidly than expected sent stocks from Sydney to London lower on Friday, and kept the dollar pinned at two-week lows versus a basket of currencies.


More.

The All Share on the JSE is down 0.79% to 29942.060. Nothing major but a bit of sanity returning to the markets. 27 000 seems a more salient level though.

More: Manuel blames ‘speculation’ for rand’s wobble