The Traderszone Network

Published in TZ Latest News 9 October, 2014 by The TZ Newswire Staff

Risk Of Recession In Europe Drives Stocks To Big Losses

Stock indexes on Thursday gave back all of the big gains from the previous session as worries about Europe’s economic situation intensified. The Nasdaq dropped 2%, while the S&P 500 lost 2.1%. The IBD 50 flopped 2.6%. Volume fell across the board. Europe took over the franchise of anxiety Thursday on a report that Germany’s exports fell 5.8% in August, the biggest drop since January 2009.

read more