World markets mixed on worries about US inflation (AP)

Posted by admin on March 23, 2009 under News | Read the First Comment

World markets mixed on worries about US inflation (AP)

An investor prepares to leave from a private securities company Friday March 20, 2009 in Shanghai, China. China's main stock market index rose for a fifth day Friday, ending the week up 7.2 percent as higher commodity prices pushed up oil, coal and metals stocks. The benchmark Shanghai Composite Index added 15.33 points, or 0.7 percent to close at 2281.09. (AP Photo/Eugene Hoshiko)AP – Stock markets were mixed Friday as investors turned cautious amid worries the U.S. Federal Reserve’s latest move to combat recession in the world’s largest economy will lead to rampant inflation.


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