World stocks sink on profit worries (Reuters)

Posted by admin on February 4, 2009 under News | 8 Comments to Read

World stocks sink on profit worries (Reuters)

An investor smiles in front of an electronic board showing stock information at a brokerage house in Hefei, Anhui province February 2, 2009. China's stock market, reopening after a week-long holiday, edged up on Monday after Premier Wen Jiabao said he saw signs of recovery in the Chinese economy, though further stimulus measures might be needed. (Jianan Yu/Reuters)Reuters – World stocks hit a one-week low and the euro set a two-month trough against the dollar on Monday as nervousness grew about poor economic data and falling corporate profits in a rapidly slowing global economy.


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