Thursday, May 20, 2010

Stock | Publishers dip in broad market retreat

Major newspaper publishers's stocks are following overall stock markets lower, on renewed investor worries over E.U. debt. Recent trading in stocks I follow:
The Dow Jones Industrial Average is down 277 points, or 2.7%. The S&P 500 is off 33 points, or 3%.

The broad retreat in stocks, according to The Wall Street Journal, came on mounting worries over Europe's will to address its debt woes as unions went on strike in Greece and investors fretted that trading regulations like those introduced this week in Germany could be adopted in other countries.

1 comment:

  1. The declining value of the Euro and sterling means less revenue corporate will scrape out of Newsquest.

    ReplyDelete

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