Fresh concerns over the health of the financial system is dragging European bank stocks lower, and with them the broader European indices.
London, Germany, and France are all off over 1.3% notes WSJ.
Among the concerns: huge writedowns at Spanish bank BBVA.
Meanwhile, US futures are heading lower as well.
From Bloomberg:
Join the conversation about this story »
See Also:
- S&P The Combination Of Chinese Rate Hikes, Regulation, And Bernanke Will Push Stocks 10% Lower
- Roubini At Davos: Greece Is Obviously Bankrupt
- Spanish Banking Fears Re-Emerge, As BBVA Posts Huge Credit Writedowns
Full story at http://feedproxy.google.com/~r/businessinsider/~3/RcWxiKfn17E/banks-drag-europe-sharply-lower-us-futures-heading-down-2010-1
Posts
No comments:
Post a Comment